Schroder Oriental Income (LON:SOI) Trading Up 0.2% - Time to Buy?

Schroder Oriental Income (LON:SOI - Get Free Report) shares rose 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 287.50 ($3.93) and last traded at GBX 287.50 ($3.93). Approximately 357,009 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 434,382 shares. The stock had previously closed at GBX 287 ($3.92).

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada cut their target price on Schroder Oriental Income from GBX 310 ($4.23) to GBX 300 ($4.10) and set an "outperform" rating for the company in a research report on Monday, May 19th.

Schroder Oriental Income Stock Up 0.5%

The stock has a fifty day simple moving average of GBX 275.90 and a 200-day simple moving average of GBX 272.77. The company has a market capitalization of £677.45 million, a P/E ratio of 6.38 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 net margin of 88.88% and a return on equity of 16.22%.

About Schroder Oriental Income

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.