Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 1.6% – Here’s Why

Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report)’s stock price was down 1.6% during mid-day trading on Tuesday . The stock traded as low as GBX 63 and last traded at GBX 63.24. Approximately 242,506 shares changed hands during trading, an increase of 65% from the average daily volume of 147,138 shares. The stock had previously closed at GBX 64.30.

Schroder European Real Estate Investment Trust Trading Down 1.6%

The stock has a 50-day simple moving average of GBX 62.63 and a 200 day simple moving average of GBX 64.59. The stock has a market capitalization of £83.10 million, a price-to-earnings ratio of 37.20 and a beta of 0.60.

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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