Schroder Income Growth (LON:SCF) Sets New 52-Week High - What's Next?

Schroder Income Growth (LON:SCF - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 315 ($4.23) and last traded at GBX 310 ($4.16), with a volume of 82101 shares trading hands. The stock had previously closed at GBX 312 ($4.19).

Schroder Income Growth Price Performance

The company's 50-day moving average price is GBX 307.51 and its two-hundred day moving average price is GBX 293.11. The company has a market capitalization of £217.95 million, a P/E ratio of 5.84 and a beta of 0.89.

Schroder Income Growth (LON:SCF - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported GBX 2.84 ($0.04) earnings per share for the quarter. Schroder Income Growth had a net margin of 91.20% and a return on equity of 17.23%.

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.