Schroder UK Mid Cap (LON:SCP) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Schroder UK Mid Cap (LON:SCP) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 716.72 and traded as low as GBX 714. Schroder UK Mid Cap shares last traded at GBX 722.95, with a volume of 18,576 shares traded.

Schroder UK Mid Cap Price Performance

The company has a debt-to-equity ratio of 7.54, a current ratio of 0.42 and a quick ratio of 0.22. The stock has a market capitalization of £242.30 million, a price-to-earnings ratio of 6.98 and a beta of 1.51. The company has a 50-day simple moving average of GBX 717.23 and a two-hundred day simple moving average of GBX 721.79.

Schroder UK Mid Cap (LON:SCP) last announced its quarterly earnings results on Monday, June 29th. The company reported GBX 11.84 earnings per share (EPS) for the quarter. Schroder UK Mid Cap had a net margin of 91.54% and a return on equity of 14.71%.

Insider Transactions at Schroder UK Mid Cap

In other news, insider Richard Curling bought 7,000 shares of Schroder UK Mid Cap stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of GBX 732 per share, with a total value of £51,240. Also, insider Harry Morley bought 7,100 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was purchased at an average price of GBX 710 per share, with a total value of £50,410. Insiders own 0.48% of the company’s stock.

About Schroder UK Mid Cap

– Aims to provide a total return in excess of the FTSE 250 (ex-Investment Companies) Index and an attractive level of yield, which can contribute a degree of stability to the fund’s total return
– The potential for dividend growth through rising dividend payments from stocks held in the portfolio
– Invests in dynamic mid cap companies that have the potential to grow to be included in the FTSE 100 index, which are at an interesting point in their life cycle, and/or which could ultimately prove to be attractive takeover targets
– Managed by an award-winning fund manager backed by a team with extensive experience and expertise.