Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Shares of Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 540.87 ($6.80) and traded as low as GBX 535 ($6.73). Schroder Investment Trust – Schroder AsiaPacific Fund shares last traded at GBX 535 ($6.73), with a volume of 120,948 shares traded.

Schroder Investment Trust – Schroder AsiaPacific Fund Trading Down 1.5 %

The stock has a market cap of £755.78 million, a PE ratio of 6.24 and a beta of 0.64. The business has a 50-day moving average price of GBX 540.63 and a 200-day moving average price of GBX 537.61.

Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) last announced its earnings results on Tuesday, December 3rd. The company reported GBX 12.79 ($0.16) earnings per share (EPS) for the quarter. Schroder Investment Trust – Schroder AsiaPacific Fund had a net margin of 89.99% and a return on equity of 14.36%.

Schroder Investment Trust – Schroder AsiaPacific Fund Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, December 24th were issued a GBX 12.50 ($0.16) dividend. This represents a yield of 2.33%. This is a boost from Schroder Investment Trust – Schroder AsiaPacific Fund’s previous dividend of $12.00. The ex-dividend date of this dividend was Tuesday, December 24th. Schroder Investment Trust – Schroder AsiaPacific Fund’s payout ratio is presently 14.00%.

Schroder Investment Trust – Schroder AsiaPacific Fund Company Profile

Powerful secular trends are driving the Asian growth story and creating a growing volume and variety of world-leading companies in the region. The Schroder AsiaPacific Fund plc aims to achieve long-term capital growth by investing in a diversified portfolio of around 60 of the best quality but undervalued companies across Asia.