Schroder European Real Estate Investment Trust (LON:SERE) Shares Up 0.9% - Here's What Happened

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 - ) traded up 0.9% during trading on Monday . The company traded as high as GBX 67.20 ($0.91) and last traded at GBX 65.60 ($0.89). 141,805 shares traded hands during trading, a decline of 25% from the average session volume of 188,250 shares. The stock had previously closed at GBX 65 ($0.88).

Schroder European Real Estate Investment Trust Trading Up 0.9%

The company has a market cap of £86.20 million, a price-to-earnings ratio of 3,452.63 and a beta of 0.60. The stock's 50 day moving average price is GBX 67.66 and its 200 day moving average price is GBX 66.96.

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.

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