Schroders (LON:SDRC) Shares Cross Below 200 Day Moving Average of $2,223.55

Schroders plc (LON:SDRCGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,223.55 ($27.10) and traded as low as GBX 2,165 ($26.39). Schroders shares last traded at GBX 2,165 ($26.39), with a volume of 311,551 shares trading hands.

Schroders Price Performance

The stock has a 50 day moving average price of GBX 2,165 and a 200-day moving average price of GBX 2,223.55. The stock has a market capitalization of £6.12 billion and a P/E ratio of 1,071.78. The company has a debt-to-equity ratio of 8.61, a current ratio of 4.49 and a quick ratio of 4.32.

About Schroders

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Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

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