Schroder Oriental Income (LON:SOI) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Schroder Oriental Income (LON:SOI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 430.93 and traded as high as GBX 440. Schroder Oriental Income shares last traded at GBX 439, with a volume of 276,070 shares trading hands.

Schroder Oriental Income Stock Up 1.5%

The firm has a market cap of £981.04 million, a P/E ratio of 3.03 and a beta of 1.11. The stock’s 50 day simple moving average is GBX 430.93 and its 200 day simple moving average is GBX 389.58. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.41 and a current ratio of 0.15.

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

Insider Activity at Schroder Oriental Income

In other Schroder Oriental Income news, insider Shaun Lacey bought 2,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average price of GBX 434 per share, for a total transaction of £8,680. 0.08% of the stock is currently owned by insiders.

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.