Schroders (OTCMKTS:SHNWF) Stock Price Down 4.5% – Time to Sell?

Schroders plc (OTCMKTS:SHNWFGet Free Report)’s share price dropped 4.5% during trading on Tuesday . The company traded as low as $4.01 and last traded at $4.01. Approximately 260 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 630 shares. The stock had previously closed at $4.20.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Schroders to a “hold” rating in a report on Thursday, October 10th.

View Our Latest Stock Report on Schroders

Schroders Stock Performance

The firm’s 50 day simple moving average is $4.23 and its 200-day simple moving average is $4.52.

About Schroders

(Get Free Report)

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

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