Aberforth Smaller Companies Trust (LON:ASL) Stock Crosses Below 50-Day Moving Average - Time to Sell?

Aberforth Smaller Companies Trust Plc (LON:ASL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,582.98 ($20.72) and traded as low as GBX 1,542 ($20.18). Aberforth Smaller Companies Trust shares last traded at GBX 1,554 ($20.34), with a volume of 1,362,960 shares trading hands.

Aberforth Smaller Companies Trust Stock Performance

The stock has a market capitalization of £1.29 billion, a PE ratio of 501.64 and a beta of 1.38. The stock has a fifty day moving average of GBX 1,580.30 and a 200-day moving average of GBX 1,517.44. The company has a quick ratio of 4.86, a current ratio of 2.10 and a debt-to-equity ratio of 6.86.

Aberforth Smaller Companies Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, August 29th. Investors of record on Thursday, August 8th were issued a GBX 13.60 ($0.18) dividend. The ex-dividend date was Thursday, August 8th. This represents a yield of 0.84%. Aberforth Smaller Companies Trust's dividend payout ratio (DPR) is presently 1,377.05%.

Insider Transactions at Aberforth Smaller Companies Trust

In other Aberforth Smaller Companies Trust news, insider Martin Warner acquired 5,000 shares of the stock in a transaction dated Monday, September 30th. The stock was acquired at an average cost of GBX 1,578 ($20.65) per share, with a total value of £78,900 ($103,258.74). Insiders own 10.42% of the company's stock.

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.