Schroder European Real Estate Investment Trust (LON:SERE) Shares Down 0.7% – Here’s Why

Shares of Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report) dropped 0.7% during trading on Tuesday . The stock traded as low as GBX 60 and last traded at GBX 60.60. 1,007,862 shares were traded during trading, an increase of 293% from the average daily volume of 256,701 shares. The stock had previously closed at GBX 61.

Schroder European Real Estate Investment Trust Stock Performance

The stock has a 50 day moving average price of GBX 63.32 and a two-hundred day moving average price of GBX 62.07. The company has a debt-to-equity ratio of 42.34, a current ratio of 1.64 and a quick ratio of 9.26. The company has a market capitalization of £79.63 million, a price-to-earnings ratio of 23.31 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.

Further Reading

Receive News & Ratings for Schroder European Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroder European Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.