Aberforth Smaller Companies Trust (LON:ASL) Posts Quarterly Earnings Results

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

Aberforth Smaller Companies Trust Stock Up 1.1%

Shares of LON ASL traded up GBX 18 during trading on Wednesday, reaching GBX 1,720. The company had a trading volume of 57,688 shares, compared to its average volume of 212,972. Aberforth Smaller Companies Trust has a 12-month low of GBX 1,408.07 and a 12-month high of GBX 1,758. 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 business’s 50-day moving average is GBX 1,654.21 and its 200 day moving average is GBX 1,608.14. The stock has a market cap 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.