Schroder Real Estate Invest (LON:SREI) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Schroder Real Estate Invest (LON:SREI) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 49.32 and traded as low as GBX 44.80. Schroder Real Estate Invest shares last traded at GBX 44.80, with a volume of 1,477,436 shares traded.

Schroder Real Estate Invest Stock Performance

The stock has a market capitalization of £222.55 million, a P/E ratio of 15.69 and a beta of 0.53. The company’s 50-day moving average price is GBX 45.92 and its 200 day moving average price is GBX 49.24.

Schroder Real Estate Invest (LON:SREI) last issued its earnings results on Friday, July 10th. The real estate investment trust reported GBX 2.90 earnings per share for the quarter. Schroder Real Estate Invest had a net margin of 47.43% and a return on equity of 4.68%.

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.