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Schroder European Real Estate Investment Trust (LON:SERE) Stock Price Down 3.4% - Here's Why

Schroder European Real Estate Investment Trust logo with Real Estate background

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report) fell 3.4% during mid-day trading on Wednesday . The company traded as low as GBX 68.20 ($0.93) and last traded at GBX 68.20 ($0.93). 224,662 shares changed hands during trading, an increase of 18% from the average session volume of 189,625 shares. The stock had previously closed at GBX 70.60 ($0.96).

Schroder European Real Estate Investment Trust Stock Performance

The stock's fifty day simple moving average is GBX 67.17 and its two-hundred day simple moving average is GBX 65.91. The company has a market capitalization of £108.45 million, a price-to-earnings ratio of -37.60 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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