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

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

Aberforth Smaller Companies Trust Trading Up 1.1%

Aberforth Smaller Companies Trust stock traded up GBX 18 during trading hours on Wednesday, reaching GBX 1,720. 67,826 shares of the company’s stock were exchanged, compared to its average volume of 213,042. 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 firm’s 50 day simple moving average is GBX 1,654.21 and its 200 day simple 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. The firm has a market capitalization of £1.33 billion, a PE ratio of 14.59 and a beta of 1.44.

About Aberforth Smaller Companies Trust

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.