Schroder European Real Estate Investment Trust (LON:SERE) Trading 0.6% Higher - What's Next?

Key Points

• Schroder European Real Estate Investment Trust (LON:SERE) saw a 0.6% increase in trading, with share prices reaching a high of GBX 65.60 before closing at GBX 64.20.
• The company has a market cap of £84.36 million and a significantly high price-to-earnings ratio of 3,378.95.
• Its investment objective focuses on generating a regular income return while aiming for long-term gains through commercial real estate investments in Continental Europe.

Schroder European Real Estate Investment Trust Plc (LON:SERE - ) was up 0.6% during trading on Monday . The stock traded as high as GBX 65.60 ($0.88) and last traded at GBX 64.20 ($0.86). Approximately 259,622 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 186,367 shares. The stock had previously closed at GBX 63.80 ($0.86).

Schroder European Real Estate Investment Trust Price Performance

The firm has a 50 day moving average price of GBX 66.17 and a 200-day moving average price of GBX 66.72. The firm has a market cap of £84.36 million, a price-to-earnings ratio of 3,378.95 and a beta of 0.60.

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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