Schroder UK Mid Cap (LON:SCP) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Schroder UK Mid Cap (LON:SCP) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 694.74 and traded as high as GBX 696. Schroder UK Mid Cap shares last traded at GBX 692, with a volume of 46,393 shares changing hands.

Schroder UK Mid Cap Price Performance

The firm’s 50-day moving average price is GBX 694.74 and its 200 day moving average price is GBX 674.04. The firm has a market capitalization of £234.90 million, a price-to-earnings ratio of -43.53 and a beta of 1.27.

Insider Buying and Selling

In related news, insider Richard Curling purchased 5,000 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was bought at an average price of GBX 690 per share, with a total value of £34,500. Company insiders own 0.40% of the company’s stock.

Schroder UK Mid Cap Company Profile

– 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.