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Schroder Investment Trust - Schroder AsiaPacific Fund (LON:SDP) Hits New 12-Month High - Here's What Happened

Schroder Investment Trust - Schroder AsiaPacific Fund logo with Financial Services background
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Key Points

  • Schroder AsiaPacific Fund (LON:SDP) reached a new 52-week high on Monday, touching GBX 811 before last trading at GBX 809.
  • The stock was up 0.2% on the day, with about 46,917 shares changing hands, and it is trading well above its 50-day and 200-day moving averages.
  • The fund has a £1.03 billion market cap and aims for long-term capital growth by investing in about 60 undervalued companies across Asia.
  • MarketBeat previews the top five stocks to own by June 1st.

Schroder Investment Trust - Schroder AsiaPacific Fund plc (LON:SDP - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 811 and last traded at GBX 809, with a volume of 46917 shares changing hands. The stock had previously closed at GBX 807.

Schroder Investment Trust - Schroder AsiaPacific Fund Trading Up 0.2%

The company's 50-day moving average price is GBX 713.86 and its 200-day moving average price is GBX 691.47. The firm has a market cap of £1.03 billion, a price-to-earnings ratio of 9.28 and a beta of 0.97. The company has a quick ratio of 0.97, a current ratio of 4.52 and a debt-to-equity ratio of 3.90.

About Schroder Investment Trust - Schroder AsiaPacific Fund

(Get Free Report)

Powerful secular trends are driving the Asian growth story and creating a growing volume and variety of world-leading companies in the region. The Schroder AsiaPacific Fund plc aims to achieve long-term capital growth by investing in a diversified portfolio of around 60 of the best quality but undervalued companies across Asia.

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