Schroder Income Growth (LON:SCF) Reaches New 12-Month High – Should You Buy?

Schroder Income Growth (LON:SCF) hit a new 52-week high on Tuesday . The stock traded as high as GBX 377 and last traded at GBX 374, with a volume of 21741 shares traded. The stock had previously closed at GBX 375.

Schroder Income Growth Trading Down 0.0%

The firm’s fifty day moving average price is GBX 361.90 and its 200-day moving average price is GBX 355.24. The company has a market cap of £244.15 million, a price-to-earnings ratio of 4.67 and a beta of 1.08. The company has a debt-to-equity ratio of 9.70, a current ratio of 0.34 and a quick ratio of 0.17.

Schroder Income Growth (LON:SCF) last released its quarterly earnings data on Wednesday, May 13th. The company reported GBX 3.97 earnings per share for the quarter. The business had revenue of GBX 338 million for the quarter. Schroder Income Growth had a net margin of 94.75% and a return on equity of 21.54%.

About Schroder Income Growth

– Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation.
– Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors.
– Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities.
– Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.