Schroders (LON:SDRC) Share Price Passes Below 200 Day Moving Average – Here’s Why

Schroders plc (LON:SDRCGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,165 ($28.96) and traded as low as GBX 2,165 ($28.96). Schroders shares last traded at GBX 2,165 ($28.96), with a volume of 311,551 shares traded.

Schroders Stock Performance

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 business has a 50-day moving average price of GBX 2,165 and a 200 day moving average price of GBX 2,165. The stock has a market capitalization of £6.12 billion and a P/E ratio of 1,071.78.

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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