Schroder Oriental Income (LON:SOI) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Schroder Oriental Income (LON:SOI) 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 traded.

Schroder Oriental Income Price Performance

The company has a current ratio of 0.15, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The stock has a market capitalization of £1.00 billion, a price-to-earnings ratio of 3.12 and a beta of 0.66. The stock has a 50-day moving average price of GBX 439.79 and a 200 day moving average price of GBX 404.64.

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

Insider Buying and Selling

In other Schroder Oriental Income news, insider Shaun Lacey acquired 2,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost 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.