Phil Redding Acquires 20,000 Shares of Schroder European Real Estate Investment Trust (LON:SERE) Stock

Schroder European Real Estate Investment Trust Plc (LON:SERE) insider Phil Redding purchased 20,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average price of GBX 61 per share, with a total value of £12,200.

Schroder European Real Estate Investment Trust Price Performance

SERE stock traded up GBX 2.68 during mid-day trading on Tuesday, reaching GBX 60.88. 37,841 shares of the company’s stock were exchanged, compared to its average volume of 188,886. The company has a debt-to-equity ratio of 40.87, a current ratio of 20.14 and a quick ratio of 9.26. Schroder European Real Estate Investment Trust Plc has a 12-month low of GBX 58.20 and a 12-month high of GBX 72. The stock’s 50 day moving average is GBX 63.34 and its 200 day moving average is GBX 63.22. The company has a market cap of £80.00 million, a price-to-earnings ratio of 35.81 and a beta of 0.35.

Schroder European Real Estate Investment Trust Company Profile

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.