Schroders (LON:SDR) Hits New 52-Week Low – What’s Next?

Posted by Tyrone Williams on Nov 7th, 2024

Schroders plc (LON:SDR – Get Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 312.20 ($4.06) and last traded at GBX 317 ($4.13), with a volume of 58709438 shares changing hands. The stock had previously closed at GBX 363.60 ($4.73).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Schroders in a research report on Tuesday, September 3rd.

Read Our Latest Analysis on Schroders

Schroders Stock Performance

The company has a 50-day simple moving average of GBX 348.28 and a two-hundred day simple moving average of GBX 362.88. The company has a debt-to-equity ratio of 12.71, a quick ratio of 4.32 and a current ratio of 4.89. The firm has a market capitalization of £4.96 billion, a P/E ratio of 1,291.67, a PEG ratio of 1.28 and a beta of 1.17.

Insider Buying and Selling at Schroders

In other Schroders news, insider Peter Harrison acquired 72 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average price of GBX 354 ($4.61) per share, with a total value of £254.88 ($331.79). In other Schroders news, insider Peter Harrison bought 72 shares of the firm’s stock in a transaction on Thursday, October 10th. The stock was acquired at an average price of GBX 354 ($4.61) per share, with a total value of £254.88 ($331.79). Also, insider Richard Oldfield bought 75 shares of the stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of GBX 337 ($4.39) per share, with a total value of £252.75 ($329.02). Over the last 90 days, insiders bought 219 shares of company stock valued at $75,099. 43.09% of the stock is currently owned by company insiders.

About Schroders

(Get Free Report)

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.