Schroder UK Mid Cap (LON:SCP) Stock Price Breaks Above Fifty Day Moving Average – Time to Sell?

Shares of Schroder UK Mid Cap (LON:SCP) crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of GBX 759.42 and traded as high as GBX 762. Schroder UK Mid Cap shares last traded at GBX 758, with a volume of 5,069 shares.

Schroder UK Mid Cap Price Performance

The stock has a market capitalization of £162.17 million, a PE ratio of 7.20 and a beta of 1.49. The company has a current ratio of 0.42, a quick ratio of 0.22 and a debt-to-equity ratio of 7.54. The company’s 50-day moving average is GBX 760.14 and its 200 day moving average is GBX 729.55.

Schroder UK Mid Cap (LON:SCP) last released its earnings results on Monday, June 29th. The company reported GBX 11.84 EPS for the quarter. Schroder UK Mid Cap had a net margin of 91.54% and a return on equity of 14.71%.

About Schroder UK Mid Cap

– 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.