Schroders (OTCMKTS:SHNWF) Stock Price Up 0.4% - Still a Buy?

Key Points

• Schroders' stock price experienced a modest increase of 0.4% during mid-day trading, reaching $5.33 with a substantial spike in trading volume.
• Royal Bank Of Canada has reaffirmed an "outperform" rating on Schroders shares, indicating positive sentiment among analysts.
• The company boasts a strong financial position with a debt-to-equity ratio of 0.06, reflecting low leverage and solid liquidity ratios.

Schroders (OTCMKTS:SHNWF - Get Free Report) rose 0.4% during mid-day trading on Wednesday . The company traded as high as $5.33 and last traded at $5.33. Approximately 5,870 shares traded hands during mid-day trading, an increase of 3,813% from the average daily volume of 150 shares. The stock had previously closed at $5.31.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Schroders in a research report on Thursday, July 10th.

Schroders Stock Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a fifty day moving average of $5.08 and a two-hundred day moving average of $4.53.

About Schroders

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.

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