Schroder Real Estate Invest (LON:SREI) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Schroder Real Estate Invest (LON:SREI)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 49.81 ($0.66) and traded as high as GBX 52.10 ($0.69). Schroder Real Estate Invest shares last traded at GBX 51.80 ($0.69), with a volume of 402,842 shares trading hands.

Schroder Real Estate Invest Trading Up 0.6%

The company’s fifty day moving average is GBX 50.44 and its two-hundred day moving average is GBX 49.81. The stock has a market cap of £254.38 million, a price-to-earnings ratio of 22.60 and a beta of 0.67. The company has a quick ratio of 2.91, a current ratio of 4.46 and a debt-to-equity ratio of 61.57.

Schroder Real Estate Invest Company Profile

The investment objective of Schroder Real Estate Investment Trust (‘the Company’) is to provide shareholders with an attractive level of income together with the potential for income and capital growth as a result of its investments in, and active management of, a diversified portfolio of UK commercial real estate.