Schroder Income Growth (LON:SCF) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Schroder Income Growth (LON:SCF) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 350.74 and traded as low as GBX 324.50. Schroder Income Growth shares last traded at GBX 334, with a volume of 91,240 shares traded.

Schroder Income Growth Stock Down 1.1%

The firm’s 50-day moving average price is GBX 350.74 and its 200-day moving average price is GBX 339.75. The company has a debt-to-equity ratio of 11.01, a current ratio of 0.12 and a quick ratio of 0.17. The company has a market cap of £222.07 million, a price-to-earnings ratio of 11.19 and a beta of 1.07.

About Schroder Income Growth

– Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation.
– Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors.
– Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities.
– Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.