Schroder Oriental Income (LON:SOI) Sets New 1-Year High – Still a Buy?

Schroder Oriental Income (LON:SOI)’s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 357 and last traded at GBX 356, with a volume of 321367 shares trading hands. The stock had previously closed at GBX 355.50.

Schroder Oriental Income Trading Up 1.0%

The firm’s fifty day simple moving average is GBX 336.37 and its 200 day simple moving average is GBX 319.67. The company has a market cap of £813.60 million, a price-to-earnings ratio of 8.87 and a beta of 0.67.

Schroder Oriental Income (LON:SOI) last announced its quarterly earnings data 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 Transactions at Schroder Oriental Income

In other Schroder Oriental Income news, insider Simon Davis purchased 3,048 shares of the firm’s stock in a transaction on Wednesday, November 26th. The stock was bought at an average cost of GBX 328 per share, with a total value of £9,997.44. 0.08% of the stock is owned by company insiders.

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.