Schroders (LON:SDR) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Schroders plc (LON:SDR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 342.36 ($4.43) and traded as high as GBX 389 ($5.03). Schroders shares last traded at GBX 386.40 ($5.00), with a volume of 2,023,236 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lifted their target price on Schroders from GBX 375 ($4.85) to GBX 400 ($5.17) and gave the stock a “hold” rating in a report on Friday, March 7th.

Schroders Stock Up 2.0 %

The company has a debt-to-equity ratio of 12.95, a quick ratio of 4.32 and a current ratio of 4.90. The company’s fifty day moving average price is GBX 358.35 and its 200-day moving average price is GBX 342.37. The stock has a market cap of £6.00 billion, a P/E ratio of 16.87, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17.

Schroders (LON:SDR) last posted its quarterly earnings data on Friday, March 7th. The company reported GBX 26.40 ($0.34) earnings per share for the quarter. Schroders had a net margin of 12.81% and a return on equity of 8.65%. Equities analysts forecast that Schroders plc will post 33.7347131 EPS for the current year.

Insider Buying and Selling

In related news, insider Richard Oldfield acquired 80 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was bought at an average price of GBX 313 ($4.05) per share, for a total transaction of £250.40 ($323.89). 43.09% of the stock is owned by corporate insiders.

Schroders Company Profile

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.