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

Schroder Investment Trust – Schroder AsiaPacific Fund plc (LON:SDP)’s stock price passed 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.

Schroder Investment Trust – Schroder AsiaPacific Fund Price Performance

The business’s fifty day simple moving average is GBX 540.49 and its 200 day simple moving average is GBX 534.58. The firm has a market capitalization of £839.32 million, a price-to-earnings ratio of -3,194.12 and a beta of 0.64. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.07 and a quick ratio of 0.97.

Schroder Investment Trust – Schroder AsiaPacific Fund Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Investors of record on Tuesday, December 24th will be given a GBX 12.50 ($0.16) dividend. This represents a yield of 2.33%. This is a positive change from Schroder Investment Trust – Schroder AsiaPacific Fund’s previous dividend of $12.00. The ex-dividend date is Tuesday, December 24th. Schroder Investment Trust – Schroder AsiaPacific Fund’s payout ratio is presently -7,058.82%.

About Schroder Investment Trust – Schroder AsiaPacific Fund

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.