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Schroder European Real Estate Investment Trust (LON:SERE) Stock Price 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.
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Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report) traded up 3% during mid-day trading on Friday . The stock traded as high as GBX 69.40 ($0.94) 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 ($0.91).

Schroder European Real Estate Investment Trust Stock Performance

The stock's 50-day simple moving average is GBX 68.17 and its two-hundred day simple moving average is GBX 67.02. The stock has a market cap of £106.85 million, a price-to-earnings 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.

Further Reading

Should You Invest $1,000 in Schroder European Real Estate Investment Trust Right Now?

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