Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 2.7% – Should You Sell?

Shares of Schroder European Real Estate Investment Trust Plc (LON:SERE) fell 2.7% on Tuesday . The company traded as low as GBX 59.40 and last traded at GBX 61.10. 159,297 shares were traded during trading, a decline of 18% from the average session volume of 195,137 shares. The stock had previously closed at GBX 62.80.

Schroder European Real Estate Investment Trust Price Performance

The company has a 50 day moving average of GBX 60.67 and a 200-day moving average of GBX 62.22. The stock has a market capitalization of £80.30 million, a P/E ratio of 35.94 and a beta of 0.31. The company has a quick ratio of 9.26, a current ratio of 20.14 and a debt-to-equity ratio of 40.87.

Insider Transactions at Schroder European Real Estate Investment Trust

In other news, insider Phil Redding acquired 20,000 shares of Schroder European Real Estate Investment Trust stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of GBX 61 per share, for a total transaction of £12,200. 0.06% of the stock is owned by company insiders.

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.