Shares of Schroder European Real Estate Investment Trust Plc (LON:SERE – Get Free Report) were down 1.6% on Tuesday . The company traded as low as GBX 63 and last traded at GBX 63.24. Approximately 242,506 shares changed hands during mid-day trading, an increase of 65% from the average daily volume of 147,138 shares. The stock had previously closed at GBX 64.30.
Schroder European Real Estate Investment Trust Stock Down 1.6%
The stock has a market cap of £83.10 million, a P/E ratio of 37.20 and a beta of 0.60. The business has a 50-day simple moving average of GBX 62.63 and a 200-day simple moving average of GBX 64.59.
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.
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