Schroders (LON:SDRC) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Schroders plc (LON:SDRCGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,165 ($28.18) and traded as low as GBX 2,165 ($28.18). Schroders shares last traded at GBX 2,165 ($28.18), with a volume of 311,551 shares changing hands.

Schroders Stock Performance

The stock has a fifty day simple moving average of GBX 2,165 and a two-hundred day simple moving average of GBX 2,165. The stock has a market cap of £6.12 billion and a price-to-earnings ratio of 1,071.78. The company has a debt-to-equity ratio of 8.61, a quick ratio of 4.32 and a current ratio of 4.49.

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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