Aberforth Smaller Companies Trust (LON:ASL) Announces Earnings Results

Aberforth Smaller Companies Trust (LON:ASL) announced its earnings results on Tuesday. The company reported GBX 38.43 EPS for the quarter, Digital Look Earnings reports. Aberforth Smaller Companies Trust had a return on equity of 6.86% and a net margin of 61.93%.

Aberforth Smaller Companies Trust Trading Up 1.1%

LON:ASL traded up GBX 18 during trading hours on Wednesday, hitting GBX 1,720. 67,826 shares of the stock were exchanged, compared to its average volume of 213,042. The company has a market capitalization of £1.33 billion, a P/E ratio of 14.59 and a beta of 1.44. The company has a quick ratio of 4.86, a current ratio of 15.58 and a debt-to-equity ratio of 5.39. The company’s 50 day moving average is GBX 1,654.21 and its two-hundred day moving average is GBX 1,608.14. Aberforth Smaller Companies Trust has a twelve month low of GBX 1,408.07 and a twelve month high of GBX 1,758.

Aberforth Smaller Companies Trust Company Profile

Aberforth Smaller Companies Trust Plc is a closed-ended equity mutual fund launched and managed by Aberforth Partners LLP. The fund invests in public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of small-cap companies. It employs fundamental analysis with both bottom-up and top-down stock picking approaches with the focus on factors like businesses financial statements and assessment of their market positions to create its portfolio.