Schroder UK Mid Cap (LON:SCP) Shares Cross Above 50 Day Moving Average - Here's Why

Key Points

• Schroder UK Mid Cap shares crossed above their 50-day moving average of GBX 679.86, trading at GBX 690 ($9.28) with a volume of 64,543 shares.
• The company reported a net margin of 90.71% and a return on equity of 15.45%, signaling strong profitability.
• Managed by an experienced team, Schroder UK Mid Cap aims to provide total returns exceeding the FTSE 250 index and seeks dividend growth through dynamic mid-cap investments.

Schroder UK Mid Cap (LON:SCP - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 679.86 ($9.15) and traded as high as GBX 690 ($9.28). Schroder UK Mid Cap shares last traded at GBX 690 ($9.28), with a volume of 64,543 shares changing hands.

Schroder UK Mid Cap Trading Down 0.3%

The stock's fifty day moving average is GBX 679.86 and its 200 day moving average is GBX 629.54. The company has a market capitalization of £238.00 million, a P/E ratio of 6.54 and a beta of 1.27.

Schroder UK Mid Cap (LON:SCP - Get Free Report) last posted its quarterly earnings results on Monday, June 30th. The company reported GBX 8.66 EPS 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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