Schroder Real Estate Invest (LON:SREI) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of Schroder Real Estate Invest (LON:SREI) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 49.85 ($0.64) and traded as high as GBX 52 ($0.67). Schroder Real Estate Invest shares last traded at GBX 52 ($0.67), with a volume of 727,816 shares trading hands.

Schroder Real Estate Invest Trading Up 3.2 %

The stock has a 50-day moving average of GBX 49.07 and a two-hundred day moving average of GBX 49.88. The company has a market cap of £255.36 million, a P/E ratio of 22.69 and a beta of 0.67. The company has a debt-to-equity ratio of 61.57, a quick ratio of 2.91 and a current ratio of 4.46.

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.