Schroder European Real Estate Investment Trust (LON:SERE) Trading Down 2.7% – Should You Sell?

Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report)’s stock price fell 2.7% during mid-day trading on Tuesday . The company traded as low as GBX 59.40 and last traded at GBX 61.10. 159,297 shares were traded during trading, a decline of 18% from the average session volume of 195,137 shares. The stock had previously closed at GBX 62.80.

Schroder European Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 40.87, a quick ratio of 9.26 and a current ratio of 20.14. The stock has a 50 day moving average of GBX 60.67 and a two-hundred day moving average of GBX 62.22. The stock has a market cap of £80.30 million, a PE ratio of 35.94 and a beta of 0.31.

Insider Activity

In other news, insider Phil Redding purchased 20,000 shares of Schroder European Real Estate Investment Trust stock in a transaction dated Monday, March 23rd. The stock was acquired at an average cost of GBX 61 per share, for a total transaction of £12,200. 0.06% of the stock is currently owned by corporate insiders.

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.

See Also

Receive News & Ratings for Schroder European Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroder European Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.