Schroder Oriental Income (LON:SOI) Sets New 52-Week High – Should You Buy?

Schroder Oriental Income (LON:SOI) hit a new 52-week high on Thursday . The stock traded as high as GBX 460 and last traded at GBX 459, with a volume of 378296 shares changing hands. The stock had previously closed at GBX 452.

Schroder Oriental Income Trading Down 1.3%

The firm has a market cap of £1.01 billion, a price-to-earnings ratio of 3.13 and a beta of 1.11. The company has a debt-to-equity ratio of 3.90, a current ratio of 0.15 and a quick ratio of 0.41. The business has a 50-day moving average of GBX 420.68 and a 200-day moving average of GBX 381.96.

Schroder Oriental Income (LON:SOI) last issued its quarterly earnings results on Thursday, May 21st. The company reported GBX 2.82 EPS 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 Activity at Schroder Oriental Income

In related news, insider Shaun Lacey acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of GBX 434 per share, with a total value of £8,680. Insiders own 0.08% of the company’s stock.

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.