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

abrdn Smaller Companies Income Trust PLC (LON:ASCIGet Free Report)’s share price passed 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 Price Performance

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

About abrdn Smaller Companies Income Trust

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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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