Schroders (OTCMKTS:SHNWF) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Schroders plc (OTCMKTS:SHNWFGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.19 and traded as low as $4.08. Schroders shares last traded at $4.30, with a volume of 2,254 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Schroders to a “hold” rating in a research note on Thursday, October 10th.

Get Our Latest Stock Analysis on Schroders

Schroders Price Performance

The company’s fifty day moving average is $4.19 and its 200 day moving average is $4.50.

About Schroders

(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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