Schroders (OTCMKTS:SHNWF) Shares Down 4.5% – Should You Sell?

Shares of Schroders plc (OTCMKTS:SHNWFGet Free Report) were down 4.5% during mid-day trading on Tuesday . The company traded as low as $4.01 and last traded at $4.01. Approximately 260 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 630 shares. The stock had previously closed at $4.20.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Schroders

Schroders Price Performance

The stock has a 50-day moving average price of $4.24 and a 200-day moving average price of $4.52.

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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