Schroder UK Mid Cap (LON:SCP) Sets New 12-Month High – Time to Buy?

Schroder UK Mid Cap (LON:SCP)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 778 and last traded at GBX 770.53, with a volume of 18552 shares traded. The stock had previously closed at GBX 770.

Schroder UK Mid Cap Trading Up 0.1%

The stock’s 50 day moving average is GBX 723.02 and its two-hundred day moving average is GBX 723.64. The company has a market capitalization of £254.36 million, a PE ratio of 7.32 and a beta of 1.51. The company has a quick ratio of 0.22, a current ratio of 0.42 and a debt-to-equity ratio of 7.54.

Schroder UK Mid Cap (LON:SCP) last released its quarterly earnings data on Monday, June 29th. The company reported GBX 11.84 earnings per share (EPS) for the quarter. Schroder UK Mid Cap had a net margin of 91.54% and a return on equity of 14.71%.

Insider Transactions at Schroder UK Mid Cap

In other Schroder UK Mid Cap news, insider Harry Morley bought 7,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of GBX 710 per share, for a total transaction of £50,410. Also, insider Richard Curling purchased 7,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of GBX 732 per share, for a total transaction of £51,240. 0.48% of the stock is currently owned by company insiders.

About Schroder UK Mid Cap

– Aims to provide a total return in excess of the FTSE 250 (ex-Investment Companies) Index and an attractive level of yield, which can contribute a degree of stability to the fund’s total return
– The potential for dividend growth through rising dividend payments from stocks held in the portfolio
– Invests in dynamic mid cap companies that have the potential to grow to be included in the FTSE 100 index, which are at an interesting point in their life cycle, and/or which could ultimately prove to be attractive takeover targets
– Managed by an award-winning fund manager backed by a team with extensive experience and expertise.