Schroders (LON:SDRC) Share Price Passes Above 50 Day Moving Average – Here’s What Happened

Schroders plc (LON:SDRCGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 2,165 ($27.28) and traded as high as GBX 2,215 ($27.91). Schroders shares last traded at GBX 2,165 ($27.28), with a volume of 311,551 shares changing hands.

Schroders Stock Down 2.0 %

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

About Schroders

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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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