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

Schroder Oriental Income (LON:SOI) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty 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 Trading Down 0.5%

The company has a current ratio of 0.15, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The company has a market cap of £942.32 million, a PE ratio of 2.93 and a beta of 0.66. The stock has a 50 day moving average price of GBX 438.51 and a 200 day moving average price of GBX 402.17.

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

Insiders Place Their Bets

In related news, insider Shaun Lacey acquired 2,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average cost of GBX 434 per share, with a total value of £8,680. Company insiders own 0.08% of the company’s stock.

Schroder Oriental Income Company Profile

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.