Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 1.1% - What's Next?

Key Points

• Schroder European Real Estate Investment Trust's stock price decreased by 1.1% during mid-day trading, closing at GBX 63.20 ($0.85).
• The company experienced a 14% decline in trading volume, with approximately 167,891 shares changing hands compared to an average of 196,059 shares.
• With a market cap of £83.05 million and a PE ratio of 33.26, the trust aims to provide shareholders with regular income and potential long-term growth through investments in commercial real estate in Continental Europe.

Schroder European Real Estate Investment Trust Plc (LON:SERE - )'s stock price was down 1.1% during mid-day trading on Tuesday . The company traded as low as GBX 62.40 ($0.83) and last traded at GBX 63.20 ($0.85). Approximately 167,891 shares changed hands during trading, a decline of 14% from the average daily volume of 196,059 shares. The stock had previously closed at GBX 63.90 ($0.85).

Schroder European Real Estate Investment Trust Trading Down 1.1%

The business has a 50 day moving average of GBX 64.72 and a 200-day moving average of GBX 66.33. The stock has a market cap of £83.05 million, a PE ratio of 33.26 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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