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

Key Points

• Schroder UK Mid Cap shares have fallen below their 50-day moving average of GBX 685.17, trading at GBX 688 ($9.25) with a recent low of GBX 684 ($9.20).
• The company's latest earnings report revealed GBX 8.66 earnings per share and a remarkably high net margin of 90.71%.
• With a market capitalization of £235.73 million and a P/E ratio of -4,317.48, Schroder UK Mid Cap aims to provide a total return exceeding the FTSE 250 index.

Schroder UK Mid Cap (LON:SCP - Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 685.17 ($9.22) and traded as low as GBX 684 ($9.20). Schroder UK Mid Cap shares last traded at GBX 688 ($9.25), with a volume of 36,920 shares changing hands.

Schroder UK Mid Cap Stock Down 0.5%

The business's 50-day moving average is GBX 685.17 and its two-hundred day moving average is GBX 641.45. The company has a market capitalization of £235.73 million, a P/E ratio of -4,317.48 and a beta of 1.27.

Schroder UK Mid Cap (LON:SCP - Get Free Report) last released its quarterly earnings results on Monday, June 30th. The company reported GBX 8.66 earnings per share for the quarter. Schroder UK Mid Cap had a net margin of 90.71% and a return on equity of 15.45%.

Schroder UK Mid Cap Company Profile

- 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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