Schroder European Real Estate Investment Trust Plc (LON:SERE – Get Free Report)’s stock price fell 1.9% during trading on Tuesday . The stock traded as low as GBX 63.60 and last traded at GBX 64.74. 293,500 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 236,617 shares. The stock had previously closed at GBX 66.
Schroder European Real Estate Investment Trust Price Performance
The firm has a 50-day simple moving average of GBX 62.49 and a two-hundred day simple moving average of GBX 62.20. The company has a market capitalization of £85.07 million, a price-to-earnings ratio of 24.90 and a beta of 0.32. The company has a current ratio of 1.64, a quick ratio of 9.26 and a debt-to-equity ratio of 42.34.
About Schroder European Real Estate Investment Trust
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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