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Schroders (OTCMKTS:SHNWF) Stock Price Up 6.7% - Still a Buy?

Schroders logo with Finance background

Schroders (OTCMKTS:SHNWF - Get Free Report)'s share price rose 6.7% during mid-day trading on Wednesday . The company traded as high as $5.31 and last traded at $5.31. Approximately 2,000 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 1,674 shares. The stock had previously closed at $4.98.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on Schroders

Schroders Stock Performance

The firm's fifty day moving average is $4.84 and its 200-day moving average is $4.41. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.06.

Schroders Company Profile

(Get Free Report)

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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