Schroder Oriental Income (LON:SOI) Sets New 12-Month High - Here's What Happened

Key Points

• Schroder Oriental Income's share price reached a new 52-week high of GBX 308 ($4.16) during trading, last closing at GBX 306 ($4.13) with a trading volume of 15,644 shares.
• The company has a market cap of £710.35 million, a PE ratio of 6.69, and reported a net margin of 88.88% in its latest earnings data.
• Royal Bank Of Canada issued a research note downgrading their price target for Schroder Oriental Income from GBX 310 to GBX 300 while maintaining an "outperform" rating.

Schroder Oriental Income (LON:SOI - Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 308 ($4.17) and last traded at GBX 306 ($4.15), with a volume of 15644 shares changing hands. The stock had previously closed at GBX 304 ($4.12).

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada dropped their target price on Schroder Oriental Income from GBX 310 ($4.20) to GBX 300 ($4.07) and set an "outperform" rating on the stock in a report on Monday, May 19th.

Schroder Oriental Income Price Performance

The business has a fifty day moving average of GBX 294.12 and a 200 day moving average of GBX 277.90. The stock has a market cap of £708.03 million, a price-to-earnings ratio of 6.67 and a beta of 0.67.

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

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.