Schroder Investment Trust – Schroder AsiaPacific Fund (LON:SDP) Share Price Passes Above 50 Day Moving Average – Here’s Why

Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 540.49 ($6.78) and traded as high as GBX 548 ($6.87). Schroder Investment Trust – Schroder AsiaPacific Fund shares last traded at GBX 543 ($6.81), with a volume of 26,305 shares changing hands.

Schroder Investment Trust – Schroder AsiaPacific Fund Stock Performance

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 firm has a 50 day moving average price of GBX 540.49 and a two-hundred day moving average price of GBX 534.58. The company has a market capitalization of £839.32 million, a P/E ratio of -3,194.12 and a beta of 0.64.

Schroder Investment Trust – Schroder AsiaPacific Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Tuesday, December 24th will be paid a dividend of GBX 12.50 ($0.16) per share. This is a positive change 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.