Schroder Investment Trust - Schroder AsiaPacific Fund (LON:SDP) Sets New 12-Month High - Here's Why

Key Points

• The Schroder AsiaPacific Fund (LON:SDP) reached a new 12-month high during trading, hitting GBX 642 ($8.76) with a trading volume of 107,607 shares.
• With a market capitalization of £869.40 million, the fund has a high price-to-earnings ratio of 2,025.88, indicating significant investor expectations.
• The fund aims for long-term capital growth by investing in approximately 60 high-quality, undervalued companies across Asia, capitalizing on powerful secular growth trends in the region.

Schroder Investment Trust - Schroder AsiaPacific Fund plc (LON:SDP - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 642 ($8.65) and last traded at GBX 640 ($8.62), with a volume of 107607 shares traded. The stock had previously closed at GBX 637 ($8.58).

Schroder Investment Trust - Schroder AsiaPacific Fund Stock Performance

The firm's 50 day moving average price is GBX 606.25 and its two-hundred day moving average price is GBX 554.76. The company has a market cap of £870.40 million, a P/E ratio of 2,028.22 and a beta of 0.64.

Schroder Investment Trust - Schroder AsiaPacific Fund Company Profile

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.