Schroder Income Growth (LON:SCF) Trading Down 0.3% – What’s Next?

Schroder Income Growth (LON:SCF)’s stock price traded down 0.3% during trading on Thursday . The stock traded as low as GBX 349 and last traded at GBX 351. 101,845 shares were traded during mid-day trading, a decline of 16% from the average session volume of 121,728 shares. The stock had previously closed at GBX 352.

Schroder Income Growth Stock Down 0.3%

The business’s 50 day simple moving average is GBX 339.48 and its two-hundred day simple moving average is GBX 325.18. The stock has a market cap of £237.81 million, a P/E ratio of 11.89 and a beta of 0.89.

Schroder Income Growth (LON:SCF) last issued its quarterly earnings data on Tuesday, November 11th. The company reported GBX 12.55 earnings per share for the quarter. Schroder Income Growth had a return on equity of 17.23% and a net margin of 91.20%.

Insider Buying and Selling at Schroder Income Growth

In related news, insider June Aitken acquired 170 shares of the stock in a transaction dated Tuesday, November 4th. The stock was bought at an average cost of GBX 326 per share, for a total transaction of £554.20. Also, insider Fraser McIntyre purchased 129 shares of the stock in a transaction on Wednesday, November 12th. The shares were purchased at an average price of GBX 335 per share, with a total value of £432.15. 0.46% of the stock is currently owned by company insiders.

Schroder Income Growth Company Profile

– Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation.
– Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors.
– Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities.
– Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.