Schroder Investment Trust - Schroder AsiaPacific Fund (LON:SDP) Reaches New 52-Week High - Should You Buy?

Key Points

• Shares of Schroder AsiaPacific Fund (LON:SDP) hit a new 52-week high, trading as high as GBX 765 and last at GBX 762.24 on a volume of 29,015 shares (previous close GBX 757.06).
• The trust has a market cap of £972.65m, a relatively low P/E ratio of 8.73, a beta of 0.97, 50- and 200-day moving averages of GBX 710.76 and GBX 688.56, plus strong liquidity (current ratio 4.52) but higher leverage (debt-to-equity 3.90).
• The fund aims for long-term capital growth by investing in a diversified portfolio of around 60 high-quality but undervalued companies across Asia.

Schroder Investment Trust - Schroder AsiaPacific Fund plc (LON:SDP - ) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 765 and last traded at GBX 762.24, with a volume of 29015 shares. The stock had previously closed at GBX 757.06.

Schroder Investment Trust - Schroder AsiaPacific Fund Stock Performance

The company has a market cap of £972.65 million, a P/E ratio of 8.73 and a beta of 0.97. The firm has a 50 day moving average price of GBX 710.76 and a 200-day moving average price of GBX 688.56. The company has a debt-to-equity ratio of 3.90, a quick ratio of 0.97 and a current ratio of 4.52.

About Schroder Investment Trust - Schroder AsiaPacific Fund

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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