Schroders (OTCMKTS:SHNWF) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Schroders plc (OTCMKTS:SHNWFGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.19 and traded as low as $4.08. Schroders shares last traded at $4.30, with a volume of 2,254 shares trading hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on SHNWF

Schroders Stock Up 7.2 %

The company has a 50 day moving average of $4.19 and a 200 day moving average of $4.50.

Schroders Company Profile

(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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