Schroder Oriental Income Fund (LON:SOI) Shares Pass Below 50 Day Moving Average of $270.41

Shares of Schroder Oriental Income Fund Limited (LON:SOI – Get Rating) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 270.41 ($3.30) and traded as low as GBX 254 ($3.10). Schroder Oriental Income Fund shares last traded at GBX 256 ($3.12), with a volume of 458,858 shares traded.

Schroder Oriental Income Fund Price Performance

The stock has a fifty day moving average of GBX 270.41 and a 200-day moving average of GBX 258.11. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 5.93. The stock has a market capitalization of £660.66 million, a price-to-earnings ratio of 3,657.14 and a beta of 0.72.

Schroder Oriental Income Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 10th. Stockholders of record on Thursday, January 26th were issued a GBX 2 ($0.02) dividend. This represents a dividend yield of 0.74%. The ex-dividend date of this dividend was Thursday, January 26th. Schroder Oriental Income Fund’s payout ratio is currently 17,142.86%.

Insider Activity

In other Schroder Oriental Income Fund news, insider Isabel Liu acquired 2,380 shares of the business’s stock in a transaction on Tuesday, March 7th. The stock was purchased at an average price of GBX 270 ($3.29) per share, for a total transaction of £6,426 ($7,831.81). Corporate insiders own 0.02% of the company’s stock.

About Schroder Oriental Income Fund

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Schroder Oriental Income Fund Limited is a closed-ended equity mutual fund launched and managed by Schroder Unit Trusts Limited. The fund is co-managed by Schroder Investment Management Limited. It invests in the public equity markets of the Asia Pacific Region, including India and Australia. The fund invests in stocks of companies operating across diversified sectors.