Schroder European Real Estate Investment Trust (LON:SERE) Shares Up 0.9% - Should You Buy?

Key Points

• Schroder European Real Estate Investment Trust shares rose by 0.9%, trading at GBX 65.60 ($0.89) after reaching a high of GBX 67.20 ($0.91) during the session.
• The company has a market capitalization of £86.20 million and a remarkably high price-to-earnings ratio of 3,452.63.
• Its investment strategy aims to provide shareholders with attractive income returns while seeking long-term growth through investments in commercial real estate across Continental Europe.

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report)'s stock price was up 0.9% during mid-day trading on Monday . The stock traded as high as GBX 67.20 ($0.91) and last traded at GBX 65.60 ($0.89). Approximately 141,805 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 188,250 shares. The stock had previously closed at GBX 65 ($0.88).

Schroder European Real Estate Investment Trust Stock Down 4.8%

The stock has a market cap of £83.05 million, a price-to-earnings ratio of 3,326.32 and a beta of 0.60. The company's 50-day moving average is GBX 67.40 and its 200-day moving average is GBX 66.92.

Schroder European Real Estate Investment Trust Company Profile

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.