Schroder Income Growth (LON:SCF) Hits New 1-Year High – Should You Buy?

Schroder Income Growth (LON:SCF)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 348 and last traded at GBX 346, with a volume of 110759 shares traded. The stock had previously closed at GBX 342.

Schroder Income Growth Stock Performance

The company has a market cap of £237.20 million, a PE ratio of 11.86 and a beta of 0.89. The firm’s 50 day moving average is GBX 331.80 and its 200-day moving average is GBX 321.11.

Schroder Income Growth (LON:SCF) last posted its quarterly earnings results on Tuesday, November 11th. The company reported GBX 12.55 EPS for the quarter. Schroder Income Growth had a return on equity of 17.23% and a net margin of 91.20%.

Insider Transactions at Schroder Income Growth

In other Schroder Income Growth news, insider June Aitken acquired 170 shares of the stock in a transaction dated Tuesday, November 4th. The stock was acquired at an average price of GBX 326 per share, with a total value of £554.20. Also, insider Fraser McIntyre acquired 129 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average price of GBX 335 per share, with a total value of £432.15. 0.46% of the stock is owned by company insiders.

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.