Schroder Income Growth (LON:SCF) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Schroder Income Growth (LON:SCF) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 358.08 and traded as low as GBX 357.80. Schroder Income Growth shares last traded at GBX 362, with a volume of 134,910 shares trading hands.

Schroder Income Growth Trading Down 2.2%

The company has a current ratio of 0.34, a quick ratio of 0.17 and a debt-to-equity ratio of 9.70. The business has a 50 day simple moving average of GBX 358.26 and a two-hundred day simple moving average of GBX 353.33. The stock has a market cap of £234.61 million, a price-to-earnings ratio of 4.48 and a beta of 1.08.

Schroder Income Growth (LON:SCF) last announced its earnings results on Wednesday, May 13th. The company reported GBX 3.97 earnings per share (EPS) for the quarter. Schroder Income Growth had a return on equity of 21.54% and a net margin of 94.75%.The company had revenue of GBX 338 million for the quarter.

About Schroder Income Growth

– Targets outperformance by investing in the shares of companies paying dividends that should grow faster than the rate of inflation.
– Has raised its dividend consistently for the past 24 years, making it an attractive proposition for income-seeking investors.
– Managed by Sue Noffke, who has more than 20 years of investment experience specialising in UK equities.
– Fundamental research is at the heart of the investment process and Sue looks for out of favour companies that have the potential to deliver strong future returns.