Aberforth Smaller Companies Trust (LON:ASL) Sets New 52-Week High at $1,390.00

Aberforth Smaller Companies Trust Plc (LON:ASL)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,390 ($17.17) and last traded at GBX 1,389.58 ($17.16), with a volume of 91348 shares. The stock had previously closed at GBX 1,370 ($16.92).

Aberforth Smaller Companies Trust Stock Down 0.3 %

The stock’s fifty day moving average price is GBX 1,337.10 and its 200 day moving average price is GBX 1,301.74. The stock has a market cap of £1.18 billion, a P/E ratio of 1,202.48 and a beta of 1.34. The company has a current ratio of 17.69, a quick ratio of 4.86 and a debt-to-equity ratio of 5.54.

Aberforth Smaller Companies Trust Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 8th. Stockholders of record on Thursday, February 8th were issued a GBX 37.55 ($0.46) dividend. This is a positive change from Aberforth Smaller Companies Trust’s previous dividend of $12.95. The ex-dividend date of this dividend was Thursday, February 8th. This represents a dividend yield of 2.79%. Aberforth Smaller Companies Trust’s dividend payout ratio is presently 3,589.74%.

Insider Transactions at Aberforth Smaller Companies Trust

In other news, insider Patricia Dimond sold 4,000 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of GBX 1,277 ($15.77), for a total value of £51,080 ($63,092.89). Insiders own 10.41% of the company’s stock.

Aberforth Smaller Companies Trust Company Profile

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.