Free Trial

Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 1% - Time to Sell?

Schroder European Real Estate Investment Trust logo with Real Estate background
Image from MarketBeat Media, LLC.

Key Points

  • Shares fell ~1% to GBX 60.31 (intraday low GBX 59.60) on Tuesday, with volume surging to 369,672 shares—an 86% increase versus the average session volume.
  • The REIT has a market capitalization of £79.26 million, a P/E of 35.48, low beta (0.30), and a debt-to-equity ratio of 40.87, and is trading below both its 50‑day (GBX 62.25) and 200‑day (GBX 62.74) moving averages.
  • Insider buying: Phil Redding purchased 20,000 shares at GBX 61 on March 23 for £12,200, although insiders collectively own just 0.06% of the company.
  • MarketBeat previews the top five stocks to own by May 1st.

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report)'s share price traded down 1% during trading on Tuesday . The company traded as low as GBX 59.60 and last traded at GBX 60.31. 369,672 shares were traded during mid-day trading, an increase of 86% from the average session volume of 198,276 shares. The stock had previously closed at GBX 60.90.

Schroder European Real Estate Investment Trust Price Performance

The firm has a market capitalization of £79.26 million, a P/E ratio of 35.48 and a beta of 0.30. The company has a current ratio of 20.14, a quick ratio of 9.26 and a debt-to-equity ratio of 40.87. The business has a 50-day moving average of GBX 62.25 and a 200 day moving average of GBX 62.74.

Insider Buying and Selling

In other news, insider Phil Redding acquired 20,000 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of GBX 61 per share, for a total transaction of £12,200. Insiders own 0.06% of the company's stock.

About Schroder European Real Estate Investment Trust

(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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

Before you consider Schroder European Real Estate Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Schroder European Real Estate Investment Trust wasn't on the list.

While Schroder European Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines