Schroder Oriental Income (LON:SOI) Hits New 1-Year High – Should You Buy?

Schroder Oriental Income (LON:SOI) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 367.50 and last traded at GBX 366.75, with a volume of 362729 shares trading hands. The stock had previously closed at GBX 365.

Schroder Oriental Income Stock Performance

The firm has a market cap of £829.94 million, a price-to-earnings ratio of 9.05 and a beta of 0.67. The business’s 50 day moving average price is GBX 340.97 and its 200-day moving average price is GBX 324.36.

Schroder Oriental Income (LON:SOI) last issued its earnings results on Friday, November 7th. The company reported GBX 11.59 earnings per share for the quarter. Schroder Oriental Income had a net margin of 88.88% and a return on equity of 16.22%.

Insider Activity

In related news, insider Simon Davis acquired 3,048 shares of Schroder Oriental Income stock in a transaction that occurred on Wednesday, November 26th. The stock was acquired at an average price of GBX 328 per share, for a total transaction of £9,997.44. Company insiders own 0.08% of the company’s stock.

Schroder Oriental Income Company Profile

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.