Schroder Income Growth (LON:SCF) Shares Cross Below 50-Day Moving Average - Should You Sell?

Key Points

• Schroder Income Growth (LON:SCF) shares have fallen below their 50-day moving average of GBX 315.12, with the stock trading at GBX 313 ($4.21).
• The fund has consistently raised its dividend for the past 24 years, appealing to income-focused investors.
• Managed by Sue Noffke, who specializes in UK equities, the firm targets companies that are expected to deliver strong growth in dividends above inflation.

Schroder Income Growth (LON:SCF - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 315.12 ($4.27) and traded as low as GBX 312 ($4.23). Schroder Income Growth shares last traded at GBX 313 ($4.24), with a volume of 69,072 shares.

Schroder Income Growth Stock Down 0.2%

The stock has a market cap of £216.52 million, a price-to-earnings ratio of 556.16 and a beta of 0.89. The stock's 50 day moving average price is GBX 315.66 and its two-hundred day moving average price is GBX 301.89.

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.