Aberforth Geared Value & Income Trust (LON:AGVI) Announces Quarterly Earnings Results

Aberforth Geared Value & Income Trust (LON:AGVI) posted its quarterly earnings results on Thursday. The company reported GBX 7.10 earnings per share for the quarter, Digital Look Earnings reports.

Aberforth Geared Value & Income Trust Trading Down 1.9%

Shares of AGVI stock traded down GBX 1.75 during mid-day trading on Friday, reaching GBX 88. The company’s stock had a trading volume of 58,659 shares, compared to its average volume of 47,493. The firm’s 50-day moving average is GBX 88.28 and its two-hundred day moving average is GBX 86.90. Aberforth Geared Value & Income Trust has a 1-year low of GBX 76 and a 1-year high of GBX 93.98.

Aberforth Geared Value & Income Trust is a UK-listed investment trust that seeks to provide investors with a combination of income and long-term capital growth through exposure to smaller UK companies. The trust is structured as a closed-end vehicle listed on the London Stock Exchange and managed by Aberforth Partners, a specialist in small-company investing.

The core investment approach focuses on acquiring shares in companies that are constituents of the FTSE SmallCap Index, with an emphasis on businesses that appear undervalued relative to their long-term earnings potential.