Schroder UK Mid Cap (LON:SCP) Stock Crosses Above 50-Day Moving Average - Time to Sell?

Key Points

• Schroder UK Mid Cap's stock price has surpassed its 50-day moving average, trading as high as GBX 708 ($9.54) with a market capitalization of £243.88 million.
• Insider Richard Curling purchased 5,000 shares at an average cost of GBX 690 per share, indicating potential confidence from corporate insiders in the company's future performance.
• The fund aims to deliver a total return exceeding the FTSE 250 Index and has the potential for dividend growth through investments in dynamic mid-cap companies.

Schroder UK Mid Cap (LON:SCP - )'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 686.91 ($9.26) and traded as high as GBX 708 ($9.54). Schroder UK Mid Cap shares last traded at GBX 708 ($9.54), with a volume of 32,254 shares traded.

Schroder UK Mid Cap Price Performance

The company's 50 day moving average price is GBX 686.91 and its two-hundred day moving average price is GBX 646.27. The stock has a market capitalization of £243.88 million, a PE ratio of -4,466.88 and a beta of 1.27.

Insider Buying and Selling at Schroder UK Mid Cap

In other Schroder UK Mid Cap news, insider Richard Curling purchased 5,000 shares of the firm's stock in a transaction dated Wednesday, September 24th. The shares were purchased at an average cost of GBX 690 per share, with a total value of £34,500. Corporate insiders own 0.40% of the company's stock.

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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