Schroder UK Mid Cap (LON:SCP) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Schroder UK Mid Cap (LON:SCP) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 730.69 and traded as high as GBX 760. Schroder UK Mid Cap shares last traded at GBX 756, with a volume of 139,040 shares changing hands.

Schroder UK Mid Cap Stock Down 0.1%

The company has a market cap of £255.37 million, a price-to-earnings ratio of 10.32 and a beta of 1.27. The stock has a fifty day moving average price of GBX 730.69 and a two-hundred day moving average price of GBX 704.47.

Schroder UK Mid Cap (LON:SCP) last released its quarterly earnings results on Thursday, November 27th. The company reported GBX 25.03 EPS for the quarter. Schroder UK Mid Cap had a net margin of 90.71% and a return on equity of 15.45%.

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.