Schroder Income Growth (LON:SCF) Stock Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• Shares of Schroder Income Growth (LON:SCF) have crossed below their 50-day moving average, which may suggest a potential sell signal for investors.
• The stock is trading slightly down by 0.6%, and notable financial metrics include a market cap of £217.25 million and a P/E ratio of 5.83.
• Schroder Income Growth has consistently raised its dividend for the past 24 years, making it appealing for income-seeking investors despite recent stock performance.

Schroder Income Growth (LON:SCF - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 310.27 ($4.12) and traded as low as GBX 310 ($4.12). Schroder Income Growth shares last traded at GBX 312 ($4.15), with a volume of 76,225 shares trading hands.

Schroder Income Growth Stock Performance

The stock's fifty day moving average is GBX 310.39 and its two-hundred day moving average is GBX 296.40. The firm has a market capitalization of £217.25 million, a price-to-earnings ratio of 5.83 and a beta of 0.89.

Schroder Income Growth (LON:SCF - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported GBX 2.84 ($0.04) earnings per share (EPS) 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.