Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) Shares Pass Above 50-Day Moving Average – Here’s Why

Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 662.36 and traded as high as GBX 667. Schroder Investment Trust – Schroder AsiaPacific Fund shares last traded at GBX 663, with a volume of 389,443 shares changing hands.

Schroder Investment Trust – Schroder AsiaPacific Fund Stock Up 0.6%

The firm has a market capitalization of £870.19 million, a PE ratio of 20.92 and a beta of 0.64. The business’s 50-day moving average price is GBX 662.36 and its 200-day moving average price is GBX 614.98.

Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) last released its quarterly earnings data on Thursday, December 4th. The company reported GBX 13.21 earnings per share for the quarter. Schroder Investment Trust – Schroder AsiaPacific Fund had a net margin of 89.99% and a return on equity of 14.36%.

Schroder Investment Trust – Schroder AsiaPacific Fund Company Profile

Powerful secular trends are driving the Asian growth story and creating a growing volume and variety of world-leading companies in the region. The Schroder AsiaPacific Fund plc aims to achieve long-term capital growth by investing in a diversified portfolio of around 60 of the best quality but undervalued companies across Asia.