Aberforth Smaller Companies Trust (LON:ASL) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Aberforth Smaller Companies Trust Plc (LON:ASLGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,436.72 ($18.08) and traded as low as GBX 1,392 ($17.52). Aberforth Smaller Companies Trust shares last traded at GBX 1,404 ($17.67), with a volume of 190,074 shares trading hands.

Aberforth Smaller Companies Trust Stock Down 0.7 %

The stock has a market cap of £1.16 billion, a PE ratio of 4.58 and a beta of 1.38. The business has a 50 day moving average price of GBX 1,436.72 and a 200 day moving average price of GBX 1,499.57.

About Aberforth Smaller Companies Trust

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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.

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