Aberforth Split Level Income Trust (LON:ASIT) Reaches New 1-Year Low at $72.00

Aberforth Split Level Income Trust PLC (LON:ASIT) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 72 ($0.94) and last traded at GBX 72.50 ($0.95), with a volume of 31964 shares changing hands. The stock had previously closed at GBX 73.75 ($0.96).

The company has a 50 day simple moving average of GBX 78.09 and a 200 day simple moving average of GBX 69.74. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 33.11. The stock has a market capitalization of $137.93 million and a PE ratio of -25.89.

The business also recently disclosed a dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 8th will be paid a dividend of GBX 2.90 ($0.04) per share. The ex-dividend date is Thursday, August 8th. This is an increase from Aberforth Split Level Income Trust’s previous dividend of $1.45. This represents a yield of 3.77%. Aberforth Split Level Income Trust’s dividend payout ratio is currently -1.07%.

In related news, insider Lesley Jackson acquired 32,728 shares of Aberforth Split Level Income Trust stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of GBX 76 ($0.99) per share, with a total value of £24,873.28 ($32,501.35).

Aberforth Split Level Income Trust Company Profile (LON:ASIT)

In November 2003, Shareholders of Aberforth Split Level Trust plc (Trust) approved the voluntary liquidation of the Trust. Aberforth Split Level Trust plc operates as an investment trust company. It invests in a diversified portfolio of small UK quoted companies. The Trust's portfolio comprises investments in resources basic industries, general industrials, consumer goods, services, utilities, information technology, and financial sectors.

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