Schroder UK Mid Cap (LON:SCP) Reaches New 12-Month High – Here’s Why

Schroder UK Mid Cap (LON:SCP) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 782 and last traded at GBX 777.78, with a volume of 38281 shares trading hands. The stock had previously closed at GBX 773.

Schroder UK Mid Cap Stock Performance

The company has a market cap of £256.68 million, a price-to-earnings ratio of 7.39 and a beta of 1.51. The company has a current ratio of 0.42, a quick ratio of 0.22 and a debt-to-equity ratio of 7.54. The stock’s fifty day simple moving average is GBX 729.48 and its 200 day simple moving average is GBX 725.36.

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

Insider Activity at Schroder UK Mid Cap

In related news, insider Richard Curling purchased 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of GBX 732 per share, with a total value of £51,240. Also, insider Harry Morley acquired 7,100 shares of Schroder UK Mid Cap stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average price of GBX 710 per share, for a total transaction of £50,410. 0.48% of the stock is currently owned by company insiders.

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.