abrdn Smaller Companies Income Trust (LON:ASCI) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

abrdn Smaller Companies Income Trust PLC (LON:ASCIGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 238 ($3.09) and traded as low as GBX 238 ($3.09). abrdn Smaller Companies Income Trust shares last traded at GBX 238 ($3.09), with a volume of 0 shares changing hands.

abrdn Smaller Companies Income Trust Trading Down 7.4 %

The company has a quick ratio of 0.61, a current ratio of 1.55 and a debt-to-equity ratio of 3.26. The business has a fifty day simple moving average of GBX 238 and a 200 day simple moving average of GBX 238. The company has a market cap of £52.62 million, a price-to-earnings ratio of -1,322.22 and a beta of 0.96.

abrdn Smaller Companies Income Trust Company Profile

(Get Free Report)

Aberdeen Smaller Companies Income Trust PLC is a closed ended balanced mutual fund launched by Aberdeen Fund Managers Limited. The fund is managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of the United Kingdom. The fund seeks to invest in securities of companies operating across diversified sectors.

Read More

Receive News & Ratings for abrdn Smaller Companies Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Smaller Companies Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.