Schroder UK Mid Cap (LON:SCP) Hits New 1-Year High – Still a Buy?

Schroder UK Mid Cap (LON:SCP) reached a new 52-week high during trading on Friday . The company traded as high as GBX 782 and last traded at GBX 777.78, with a volume of 38281 shares. The stock had previously closed at GBX 773.

Schroder UK Mid Cap Trading Up 0.6%

The firm has a 50-day moving average price of GBX 728.37 and a 200-day moving average price of GBX 724.99. The company has a debt-to-equity ratio of 7.54, a quick ratio of 0.22 and a current ratio of 0.42. The stock has a market cap of £256.68 million, a PE ratio of 7.39 and a beta of 1.51.

Schroder UK Mid Cap (LON:SCP) last announced its quarterly earnings data on Monday, June 29th. The company reported GBX 11.84 EPS for the quarter. Schroder UK Mid Cap had a net margin of 91.54% and a return on equity of 14.71%.

Insider Activity at Schroder UK Mid Cap

In other news, insider Harry Morley purchased 7,100 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of GBX 710 per share, for a total transaction of £50,410. Also, insider Richard Curling purchased 7,000 shares of Schroder UK Mid Cap stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased at an average cost of GBX 732 per share, with a total value of £51,240. Corporate insiders own 0.48% of the company’s stock.

About Schroder UK Mid Cap

– Aims to provide a total return in excess of the FTSE 250 (ex-Investment Companies) Index and an attractive level of yield, which can contribute a degree of stability to the fund’s total return
– The potential for dividend growth through rising dividend payments from stocks held in the portfolio
– Invests in dynamic mid cap companies that have the potential to grow to be included in the FTSE 100 index, which are at an interesting point in their life cycle, and/or which could ultimately prove to be attractive takeover targets
– Managed by an award-winning fund manager backed by a team with extensive experience and expertise.