Schroder Oriental Income (LON:SOI) Stock Price Crosses Above 50 Day Moving Average of $274.13

Schroder Oriental Income (LON:SOI) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 274.13 ($3.53) and traded as high as GBX 280 ($3.60). Schroder Oriental Income shares last traded at GBX 272 ($3.50), with a volume of 318,886 shares changing hands.

Schroder Oriental Income Price Performance

The stock has a market capitalization of £664.06 million, a price-to-earnings ratio of 5,440.00 and a beta of 0.67. The business’s fifty day moving average price is GBX 274.13 and its 200-day moving average price is GBX 261.65. The company has a debt-to-equity ratio of 6.09, a current ratio of 0.35 and a quick ratio of 0.41.

Schroder Oriental Income Announces Dividend

The company also recently declared a dividend, which was paid on Friday, August 2nd. Investors of record on Thursday, July 18th were issued a dividend of GBX 2 ($0.03) per share. This represents a yield of 0.71%. The ex-dividend date of this dividend was Thursday, July 18th. Schroder Oriental Income’s dividend payout ratio (DPR) is presently 24,000.00%.

About Schroder Oriental Income

Schroder Oriental Income Fund Limited is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Limited. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the Asia Pacific Region, including India and Australia. The fund invests in stocks of companies operating across diversified sectors.