Schroders (LON:SDRC) Stock Crosses Below 200-Day Moving Average – Here’s Why

Schroders plc (LON:SDRCGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,165 ($28.33) and traded as low as GBX 2,165 ($28.33). Schroders shares last traded at GBX 2,165 ($28.33), with a volume of 311,551 shares traded.

Schroders Stock Down 2.0 %

The company’s 50-day moving average is GBX 2,165 and its 200 day moving average is GBX 2,165. The company has a market capitalization of £6.12 billion and a PE ratio of 1,071.78. The company has a debt-to-equity ratio of 8.61, a quick ratio of 4.32 and a current ratio of 4.49.

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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