Schroder Oriental Income (LON:SOI) Stock Crosses Below 50 Day Moving Average – What’s Next?

Shares of Schroder Oriental Income (LON:SOI) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 438.17 and traded as low as GBX 431. Schroder Oriental Income shares last traded at GBX 431, with a volume of 385,134 shares.

Schroder Oriental Income Price Performance

The company has a market capitalization of £960.12 million, a P/E ratio of 2.98 and a beta of 1.11. The firm’s fifty day moving average is GBX 438.17 and its 200 day moving average is GBX 401.13. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.41 and a current ratio of 0.15.

Schroder Oriental Income (LON:SOI) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 2.82 earnings per share (EPS) for the quarter. Schroder Oriental Income had a net margin of 94.62% and a return on equity of 39.20%. The business had revenue of GBX 911 million during the quarter.

Insider Buying and Selling at Schroder Oriental Income

In other Schroder Oriental Income news, insider Shaun Lacey purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average cost of GBX 434 per share, with a total value of £8,680. Insiders own 0.08% of the company’s stock.

About Schroder Oriental Income

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.