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

abrdn Smaller Companies Income Trust PLC (LON:ASCIGet Free Report)’s stock 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.

abrdn Smaller Companies Income Trust Stock Down 7.4 %

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

abrdn Smaller Companies Income Trust Company Profile

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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.

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