Schroders (LON:SDRC) Trading Down 2% – Here’s Why

Schroders plc (LON:SDRCGet Free Report)’s share price dropped 2% on Monday . The stock traded as low as GBX 2,165 ($27.62) and last traded at GBX 2,165 ($27.62). Approximately 311,551 shares were traded during trading, an increase of 193% from the average daily volume of 106,389 shares. The stock had previously closed at GBX 2,210 ($28.19).

Schroders Stock Down 2.0 %

The company’s 50 day moving average price is GBX 2,165 and its two-hundred day moving average price is GBX 2,165. The company has a quick ratio of 4.32, a current ratio of 4.49 and a debt-to-equity ratio of 8.61. The stock has a market cap of £6.12 billion and a P/E ratio of 1,071.78.

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.

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