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 reached a new 52-week high 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 Trading Down 0.3 %

The stock’s 50 day moving average is GBX 1,337.10 and its two-hundred day moving average is GBX 1,301.74. The company has a market capitalization of £1.18 billion, a PE ratio of 1,202.48 and a beta of 1.34. The company has a quick ratio of 4.86, a current ratio of 17.69 and a debt-to-equity ratio of 5.54.

Aberforth Smaller Companies Trust Increases Dividend

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

Insider Buying and Selling

In related news, insider Patricia Dimond sold 4,000 shares of the company’s stock in a transaction dated 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). 10.41% of the stock is 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.