Schroder Investment Trust - Schroder AsiaPacific Fund (LON:SDP) Sets New 12-Month High - What's Next?

Key Points

• The Schroder AsiaPacific Fund reached a new 12-month high, trading at GBX 630.12 ($8.53), with a recent closing price of GBX 627 ($8.49).
• The fund has a market capitalization of £855.52 million and a price-to-earnings ratio of 1,993.53.
• Schroder AsiaPacific Fund aims for long-term capital growth by investing in a diversified portfolio of around 60 undervalued companies across Asia.

Schroder Investment Trust - Schroder AsiaPacific Fund plc (LON:SDP - )'s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 630.12 ($8.53) and last traded at GBX 627 ($8.49), with a volume of 113493 shares. The stock had previously closed at GBX 622 ($8.42).

Schroder Investment Trust - Schroder AsiaPacific Fund Stock Up 0.8%

The stock's 50-day simple moving average is GBX 595.80 and its two-hundred day simple moving average is GBX 549.93. The company has a market capitalization of £855.52 million, a price-to-earnings ratio of 1,993.53 and a beta of 0.64.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.