Schroder Oriental Income (LON:SOI) Hits New 1-Year High – Here’s Why

Shares of Schroder Oriental Income (LON:SOIGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 383 and last traded at GBX 382.67, with a volume of 151809 shares trading hands. The stock had previously closed at GBX 379.50.

Schroder Oriental Income Trading Up 0.9%

The firm has a 50-day moving average of GBX 351.11 and a two-hundred day moving average of GBX 330.49. The firm has a market cap of £866.74 million, a price-to-earnings ratio of 9.45 and a beta of 0.67.

Insider Buying and Selling at Schroder Oriental Income

In related news, insider Simon Davis bought 3,048 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average cost of GBX 328 per share, for a total transaction of £9,997.44. Corporate insiders own 0.08% of the company’s stock.

Schroder Oriental Income Company Profile

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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.

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