Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 0.3% – Here’s Why

Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report)’s stock price fell 0.3% on Tuesday . The stock traded as low as GBX 62.70 and last traded at GBX 63.80. 72,715 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 191,482 shares. The stock had previously closed at GBX 64.

Schroder European Real Estate Investment Trust Price Performance

The company has a market cap of £84.23 million, a price-to-earnings ratio of 37.71 and a beta of 0.60. The company has a current ratio of 20.14, a quick ratio of 9.26 and a debt-to-equity ratio of 40.87. The stock has a 50-day simple moving average of GBX 63.42 and a 200-day simple moving average of GBX 63.64.

Schroder European Real Estate Investment Trust Company Profile

(Get Free Report)

The investment objective of the Company is to provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.

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