Schroder UK Mid Cap (LON:SCP) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Schroder UK Mid Cap (LON:SCP)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 696.33 and traded as high as GBX 726. Schroder UK Mid Cap shares last traded at GBX 724.52, with a volume of 37,735 shares.

Schroder UK Mid Cap Stock Performance

The company has a 50 day simple moving average of GBX 696.33 and a two-hundred day simple moving average of GBX 691.99. The company has a market cap of £245.76 million, a PE ratio of 9.92 and a beta of 1.27.

Schroder UK Mid Cap (LON:SCP) last posted its quarterly earnings results on Thursday, November 27th. The company reported GBX 25.03 earnings per share (EPS) for the quarter. Schroder UK Mid Cap had a net margin of 90.71% and a return on equity of 15.45%.

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.