Schroder Oriental Income (LON:SOI) Hits New 52-Week High – Time to Buy?

Shares of Schroder Oriental Income (LON:SOI) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 460 and last traded at GBX 459, with a volume of 378296 shares trading hands. The stock had previously closed at GBX 452.

Schroder Oriental Income Stock Performance

The company has a current ratio of 0.15, a quick ratio of 0.41 and a debt-to-equity ratio of 3.90. The firm has a market capitalization of £1.03 billion, a P/E ratio of 3.17 and a beta of 0.65. The business’s 50 day simple moving average is GBX 417.38 and its two-hundred day simple moving average is GBX 380.56.

Schroder Oriental Income (LON:SOI) last issued its earnings results on Thursday, May 21st. The company reported GBX 2.82 earnings per share (EPS) for the quarter. Schroder Oriental Income had a net margin of 94.62% and a return on equity of 39.20%. The firm had revenue of GBX 911 million for the quarter.

Insiders Place Their Bets

In other Schroder Oriental Income news, insider Shaun Lacey acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of GBX 434 per share, with a total value of £8,680. 0.08% of the stock is currently owned by insiders.

Schroder Oriental Income Company Profile

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.