Schroder European Real Estate Investment Trust (LON:SERE) Shares Up 1.5% – Here’s What Happened

Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report) traded up 1.5% during trading on Tuesday . The stock traded as high as GBX 67.80 and last traded at GBX 66. 625,120 shares changed hands during trading, an increase of 166% from the average daily volume of 234,852 shares. The stock had previously closed at GBX 65.

Schroder European Real Estate Investment Trust Trading Up 1.5%

The company has a market cap of £86.73 million, a P/E ratio of 25.38 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. The business has a 50 day moving average price of GBX 61.65 and a 200-day moving average price of GBX 62.02.

About Schroder European Real Estate Investment Trust

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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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