Schroder Oriental Income (LON:SOI) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Schroder Oriental Income (LON:SOI) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 277.31 ($3.59) and traded as low as GBX 269 ($3.48). Schroder Oriental Income shares last traded at GBX 271 ($3.51), with a volume of 259,860 shares.

Schroder Oriental Income Stock Up 0.6 %

The stock’s 50 day moving average is GBX 277.31 and its two-hundred day moving average is GBX 273.96. The company has a market capitalization of £630.14 million, a PE ratio of 5.94 and a beta of 0.67.

Schroder Oriental Income Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, April 4th. Investors of record on Wednesday, January 29th will be issued a GBX 2 ($0.03) dividend. The ex-dividend date is Wednesday, January 29th. This represents a yield of 0.71%. Schroder Oriental Income’s dividend payout ratio (DPR) is presently 26.28%.

Insider Transactions at Schroder Oriental Income

In other news, insider Nick Winsor acquired 20,000 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were bought at an average price of GBX 278 ($3.60) per share, for a total transaction of £55,600 ($71,918.25). Corporate insiders own 0.02% 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.