Aberforth Smaller Companies Trust (LON:ASL) Shares Cross Above 50-Day Moving Average of $1,238.45

Aberforth Smaller Companies Trust Plc (LON:ASL) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,238.45 ($15.50) and traded as high as GBX 1,246 ($15.59). Aberforth Smaller Companies Trust shares last traded at GBX 1,230 ($15.39), with a volume of 174,446 shares traded.

Aberforth Smaller Companies Trust Price Performance

The firm has a 50-day moving average of GBX 1,238.45 and a 200-day moving average of GBX 1,248.39. The company has a debt-to-equity ratio of 5.99, a quick ratio of 4.86 and a current ratio of 0.05. The firm has a market capitalization of £1.04 billion, a P/E ratio of -664.86 and a beta of 1.34.

Aberforth Smaller Companies Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 25th. Stockholders of record on Thursday, August 3rd were issued a dividend of GBX 12.95 ($0.16) per share. This represents a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, August 3rd. Aberforth Smaller Companies Trust’s payout ratio is currently -2,108.11%.

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.