Schroder Oriental Income (LON:SOI) Trading 1% Higher - Time to Buy?

Schroder Oriental Income (LON:SOI - Get Free Report)'s stock price rose 1% during trading on Wednesday . The stock traded as high as GBX 302 ($4.06) and last traded at GBX 302 ($4.06). Approximately 477,313 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 419,257 shares. The stock had previously closed at GBX 299 ($4.02).

Analyst Ratings Changes

Separately, Royal Bank Of Canada dropped their price objective on shares of Schroder Oriental Income from GBX 310 ($4.17) to GBX 300 ($4.03) and set an "outperform" rating for the company in a report on Monday, May 19th.

Schroder Oriental Income Stock Up 0.2%

The firm's 50-day moving average is GBX 285.43 and its 200-day moving average is GBX 275.26. The company has a market cap of £705.71 million, a PE ratio of 6.65 and a beta of 0.67.

Schroder Oriental Income (LON:SOI - Get Free Report) last issued 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%.

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.