Schroder Oriental Income (LON:SOI) Sets New 12-Month High - Still a Buy?

Shares of Schroder Oriental Income (LON:SOI - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 292 ($3.94) and last traded at GBX 291 ($3.93), with a volume of 221291 shares traded. The stock had previously closed at GBX 290 ($3.91).

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada dropped their price target on shares of Schroder Oriental Income from GBX 310 ($4.18) to GBX 300 ($4.05) and set an "outperform" rating on the stock in a research report on Monday, May 19th.

Schroder Oriental Income Stock Up 1.2%

The firm's 50-day moving average price is GBX 280.32 and its two-hundred day moving average price is GBX 273.69. The firm has a market capitalization of £694.08 million, a PE ratio of 6.54 and a beta of 0.67.

Schroder Oriental Income (LON:SOI - Get Free Report) last released its earnings results on Thursday, May 22nd. The company reported GBX 2.95 ($0.04) earnings per share for the quarter. Schroder Oriental Income had a net margin of 88.88% and a return on equity of 16.22%.

Schroder Oriental Income Company Profile

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.