Schroder UK Mid Cap (LON:SCP) Sets New 1-Year High – Here’s Why

Schroder UK Mid Cap (LON:SCP) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 784 and last traded at GBX 761, with a volume of 35365 shares trading hands. The stock had previously closed at GBX 782.22.

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 £252.13 million, a price-to-earnings ratio of 7.26 and a beta of 1.51. The stock’s 50 day simple moving average is GBX 744.79 and its 200-day simple moving average is GBX 728.34.

Schroder UK Mid Cap (LON:SCP) last released its quarterly 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%.

Schroder UK Mid Cap Company Profile

– 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.