Schroders (LON:SDRC) Shares Pass Below 200 Day Moving Average – Here’s Why

Schroders plc (LON:SDRCGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,165 ($28.96) and traded as low as GBX 2,165 ($28.96). Schroders shares last traded at GBX 2,165 ($28.96), with a volume of 311,551 shares traded.

Schroders Price Performance

The business’s fifty day simple moving average is GBX 2,165 and its 200 day simple moving average is GBX 2,165. The stock has a market cap of £6.12 billion and a price-to-earnings ratio of 1,071.78. The company has a current ratio of 4.49, a quick ratio of 4.32 and a debt-to-equity ratio of 8.61.

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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