Aberforth Smaller Companies Trust (LON:ASL) Sets New 12-Month High at $1,422.00

Aberforth Smaller Companies Trust Plc (LON:ASL) reached a new 52-week high on Monday . The stock traded as high as GBX 1,422 ($17.56) and last traded at GBX 1,414.40 ($17.47), with a volume of 28390 shares changing hands. The stock had previously closed at GBX 1,412 ($17.44).

Aberforth Smaller Companies Trust Stock Performance

The firm has a 50-day simple moving average of GBX 1,344.78 and a two-hundred day simple moving average of GBX 1,306.29. The company has a debt-to-equity ratio of 5.54, a quick ratio of 4.86 and a current ratio of 17.69. The company has a market capitalization of £1.20 billion, a price-to-earnings ratio of 1,206.84 and a beta of 1.34.

Aberforth Smaller Companies Trust Increases Dividend

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

Insider Activity

In related news, insider Patricia Dimond sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of GBX 1,277 ($15.77), for a total transaction of £51,080 ($63,092.89). Company 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.