Schroder Income Growth Fund PLC (LON:SCF) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 257 ($3.36) and last traded at GBX 257 ($3.36), with a volume of 66405 shares. The stock had previously closed at GBX 270.50 ($3.53).
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About Schroder Income Growth Fund (LON:SCF)
Schroder Income Growth Fund plc is an open ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the FTSE All Share Total Return Index.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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