Schroder Income Growth (LON:SCF) Stock Price Crosses Below 50 Day Moving Average - What's Next?

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)'s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 310.27 ($4.13) 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.

Schroder Income Growth Stock Down 0.3%

The business has a 50-day simple moving average of GBX 310.55 and a two-hundred day simple moving average of GBX 296.52. The company has a market cap of £217.95 million, a price-to-earnings ratio of 5.84 and a beta of 0.89.

Schroder Income Growth (LON:SCF - Get Free Report) last announced 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 return on equity of 17.23% and a net margin of 91.20%.

Schroder Income Growth Company Profile

- 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.