Schroders (OTCMKTS:SHNWF) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Schroders plc (OTCMKTS:SHNWFGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.19 and traded as low as $4.08. Schroders shares last traded at $4.30, with a volume of 2,254 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Schroders to a “hold” rating in a research note on Thursday, October 10th.

Check Out Our Latest Research Report on Schroders

Schroders Stock Performance

The stock’s 50-day simple moving average is $4.20 and its 200 day simple moving average is $4.50.

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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