Schroder Oriental Income (LON:SOI) Hits New 52-Week High – Time to Buy?

Shares of Schroder Oriental Income (LON:SOI) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 460 and last traded at GBX 459, with a volume of 378296 shares changing hands. The stock had previously closed at GBX 452.

Schroder Oriental Income Stock Performance

The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.41 and a current ratio of 0.15. The business has a 50-day moving average price of GBX 417.38 and a 200 day moving average price of GBX 380.56. The stock has a market capitalization of £1.03 billion, a P/E ratio of 3.17 and a beta of 0.65.

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

Insider Activity at Schroder Oriental Income

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

About Schroder Oriental Income

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.