Schroder Oriental Income (LON:SOI) Reaches New 1-Year High – What’s Next?

Schroder Oriental Income (LON:SOI) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 369.50 and last traded at GBX 364.34, with a volume of 104942 shares changing hands. The stock had previously closed at GBX 365.50.

Schroder Oriental Income Price Performance

The firm has a market capitalization of £822.61 million, a price-to-earnings ratio of 8.97 and a beta of 0.67. The business’s 50-day moving average price is GBX 346.82 and its 200 day moving average price is GBX 327.62.

Schroder Oriental Income (LON:SOI) last released its quarterly earnings results on Friday, November 7th. The company reported GBX 11.59 earnings per share (EPS) for the quarter. Schroder Oriental Income had a net margin of 88.88% and a return on equity of 16.22%.

Insider Activity

In other Schroder Oriental Income news, insider Simon Davis bought 3,048 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of GBX 328 per share, with a total value of £9,997.44. Insiders own 0.08% of the company’s stock.

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.