Schroder Income Growth Fund PLC (LON:SCF) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $254.49 and traded as low as $177.50. Schroder Income Growth Fund shares last traded at $185.00, with a volume of 83,945 shares changing hands.
The stock’s 50-day moving average price is GBX 248.43 and its 200 day moving average price is GBX 280.91. The firm has a market capitalization of $142.87 million and a price-to-earnings ratio of 16.77. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 9.23.
In other news, insider Fraser McIntyre acquired 7,000 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The stock was purchased at an average cost of GBX 316 ($4.16) per share, for a total transaction of £22,120 ($29,097.61).
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.
Recommended Story: What is an economic bubble?
Receive News & Ratings for Schroder Income Growth Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroder Income Growth Fund and related companies with MarketBeat.com's FREE daily email newsletter.