Schroder Oriental Income (LON:SOI) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Schroder Oriental Income (LON:SOIGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 446.37 and traded as low as GBX 445.50. Schroder Oriental Income shares last traded at GBX 449, with a volume of 300,850 shares trading hands.

Schroder Oriental Income Trading Down 0.7%

The firm has a market capitalization of £994.96 million, a PE ratio of 3.10 and a beta of 1.09. The firm has a fifty day moving average of GBX 446.37 and a 200 day moving average of GBX 421. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.41 and a current ratio of 0.15.

About Schroder Oriental Income

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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.

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