Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 540.42 ($6.76) and traded as low as GBX 535.20 ($6.70). Schroder Investment Trust – Schroder AsiaPacific Fund shares last traded at GBX 536 ($6.71), with a volume of 18,677 shares changing hands.

Schroder Investment Trust – Schroder AsiaPacific Fund Stock Performance

The company has a market cap of £822.31 million, a PE ratio of -3,129.41 and a beta of 0.64. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.97 and a current ratio of 1.07. The stock’s 50-day simple moving average is GBX 540.42 and its 200 day simple moving average is GBX 535.33.

Schroder Investment Trust – Schroder AsiaPacific Fund Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Tuesday, December 24th will be issued a dividend of GBX 12.50 ($0.16) per share. This is a boost from Schroder Investment Trust – Schroder AsiaPacific Fund’s previous dividend of $12.00. This represents a yield of 2.33%. The ex-dividend date of this dividend is Tuesday, December 24th. Schroder Investment Trust – Schroder AsiaPacific Fund’s dividend payout ratio is currently -7,058.82%.

Schroder Investment Trust – Schroder AsiaPacific Fund Company Profile

Schroder Investment Trust – Schroder AsiaPacific Fund plc is a close-ended equity mutual fund launched and managed by Schroder Investment Management Limited. The fund is co-managed by Schroder Unit Trusts Limited. It invests in the public equity markets across Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean.