Schroder European Real Estate Investment Trust (LON:SERE) Stock Falls 0.4% – What’s Next?

Schroder European Real Estate Investment Trust Plc (LON:SERE – Get Free Report) dropped 0.4% during trading on Tuesday. The company traded as low as GBX 55 and last traded at GBX 55.40. Approximately 314,675 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 256,178 shares. The stock had previously closed at GBX 55.60.

Schroder European Real Estate Investment Trust Stock Performance

The stock has a 50 day moving average of GBX 59.43 and a 200 day moving average of GBX 61.60. The company has a quick ratio of 9.26, a current ratio of 1.64 and a debt-to-equity ratio of 42.34. The firm has a market cap of £72.80 million, a price-to-earnings ratio of 21.31 and a beta of 0.32.

About Schroder European Real Estate Investment Trust

(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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