Aberforth Smaller Companies Trust (LON:ASL) Shares Cross Above 50-Day Moving Average – Should You Sell?

Aberforth Smaller Companies Trust Plc (LON:ASL) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,470.12 ($18.42) and traded as high as GBX 1,478 ($18.52). Aberforth Smaller Companies Trust shares last traded at GBX 1,478 ($18.52), with a volume of 41,419 shares trading hands.

Aberforth Smaller Companies Trust Trading Up 1.4 %

The business has a 50 day simple moving average of GBX 1,470.12 and a 200-day simple moving average of GBX 1,533.38. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of 484.59 and a beta of 1.38. The company has a debt-to-equity ratio of 6.86, a current ratio of 2.10 and a quick ratio of 4.86.

Insider Activity at Aberforth Smaller Companies Trust

In other Aberforth Smaller Companies Trust news, insider Martin Warner bought 5,000 shares of the stock in a transaction on Monday, September 30th. The stock was purchased at an average price of GBX 1,578 ($19.77) per share, with a total value of £78,900 ($98,872.18). 10.42% of the stock is currently owned by insiders.

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.