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Schroder European Real Estate Investment Trust (LON:SERE) Shares Up 3% - Should You Buy?

Schroder European Real Estate Investment Trust logo with Real Estate background

Key Points

  • The shares of Schroder European Real Estate Investment Trust have increased by 3%, trading at GBX 69 ($0.94) compared to the previous close of GBX 67 ($0.91).
  • The company's current market capitalization is £110.04 million with a P/E ratio of -38.16, indicating potential investor concerns about profitability.
  • This investment trust aims to provide shareholders with a regular income return and prospects for long-term growth by focusing on commercial real estate in Continental Europe.
  • Five stocks we like better than Schroder European Real Estate Investment Trust.

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report) shares shot up 3% during mid-day trading on Friday . The stock traded as high as GBX 69.40 ($0.93) and last traded at GBX 69 ($0.93). 107,795 shares traded hands during trading, a decline of 44% from the average session volume of 192,604 shares. The stock had previously closed at GBX 67 ($0.90).

Schroder European Real Estate Investment Trust Stock Performance

The firm has a 50 day moving average of GBX 68.12 and a 200-day moving average of GBX 67.02. The company has a market cap of £106.85 million, a P/E ratio of -37.05 and a beta of 0.60.

Schroder European Real Estate Investment Trust Company Profile

(Get Free Report)

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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