Schroder Income Growth (LON:SCF) Shares Cross Below Fifty Day Moving Average - Time to Sell?

Key Points

• Schroder Income Growth's stock price fell below its 50-day moving average of GBX 317.14, trading at GBX 314 ($4.23).
• The company's market cap stands at £213.53 million with a PE ratio of 548.47, highlighting the firm's unique valuation metrics.
• Schroder Income Growth has a strong track record of consistently increasing its dividends for the past 24 years, making it appealing for income-focused investors.

Shares of Schroder Income Growth (LON:SCF - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 317.14 ($4.29) and traded as low as GBX 314 ($4.24). Schroder Income Growth shares last traded at GBX 314 ($4.24), with a volume of 123,359 shares.

Schroder Income Growth Stock Down 0.6%

The firm has a fifty day moving average of GBX 317.26 and a 200-day moving average of GBX 303.70. The stock has a market capitalization of £216.25 million, a price-to-earnings ratio of 555.46 and a beta of 0.89.

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.