Schroder Oriental Income (LON:SOI) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Schroder Oriental Income (LON:SOI) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 439.79 and traded as low as GBX 439.72. Schroder Oriental Income shares last traded at GBX 451.50, with a volume of 249,464 shares trading hands.

Schroder Oriental Income Trading Down 1.1%

The company has a quick ratio of 0.41, a current ratio of 0.15 and a debt-to-equity ratio of 3.90. The company has a market cap of £999.06 million, a P/E ratio of 3.10 and a beta of 0.66. The business has a 50-day moving average price of GBX 440.29 and a two-hundred day moving average price of GBX 405.91.

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

Insider Transactions at Schroder Oriental Income

In other Schroder Oriental Income news, insider Shaun Lacey bought 2,000 shares of Schroder Oriental Income stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of GBX 434 per share, with a total value of £8,680. 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.