Schroder UK Mid Cap (LON:SCP) Share Price Passes Below 50-Day Moving Average - Here's What Happened

Key Points

• Schroder UK Mid Cap's share price passed below its 50-day moving average, trading as low as GBX 707.09 and last at GBX 707.14 versus the 50‑day MA of GBX 737.38 on a volume of 44,053 shares.
• The stock is effectively at its 200‑day MA (GBX 708.79), indicating near-term technical weakness, while fundamentals show a PE of 9.66, market cap of £239.02m and a beta of 1.54.

Schroder UK Mid Cap (LON:SCP - )'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 737.38 and traded as low as GBX 707.09. Schroder UK Mid Cap shares last traded at GBX 707.14, with a volume of 44,053 shares trading hands.

Schroder UK Mid Cap Stock Performance

The firm's 50 day moving average price is GBX 737.38 and its two-hundred day moving average price is GBX 708.79. The firm has a market cap of £239.02 million, a PE ratio of 9.66 and a beta of 1.54. The company has a debt-to-equity ratio of 6.57, a quick ratio of 0.22 and a current ratio of 14.21.

About Schroder UK Mid Cap

- Aims to provide a total return in excess of the FTSE 250 (ex-Investment Companies) Index and an attractive level of yield, which can contribute a degree of stability to the fund's total return - The potential for dividend growth through rising dividend payments from stocks held in the portfolio - Invests in dynamic mid cap companies that have the potential to grow to be included in the FTSE 100 index, which are at an interesting point in their life cycle, and/or which could ultimately prove to be attractive takeover targets - Managed by an award-winning fund manager backed by a team with extensive experience and expertise.

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