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Schroder European Real Estate Investment Trust (LON:SERE) Trading 4.8% Higher - Should You Buy?

Schroder European Real Estate Investment Trust logo with Real Estate background

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report)'s stock price traded up 4.8% on Friday . The stock traded as high as GBX 66 ($0.80) and last traded at GBX 65.40 ($0.80). 957,212 shares traded hands during trading, an increase of 193% from the average session volume of 326,168 shares. The stock had previously closed at GBX 62.40 ($0.76).

Schroder European Real Estate Investment Trust Trading Up 4.8 %

The stock has a market capitalization of £87.47 million, a P/E ratio of -3,270.00 and a beta of 0.60. The business's fifty day simple moving average is GBX 65.73 and its two-hundred day simple moving average is GBX 66.59. The company has a current ratio of 7.01, a quick ratio of 9.26 and a debt-to-equity ratio of 42.60.

Schroder European Real Estate Investment Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be given a dividend of €0.01 ($0.02) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 1.8%. Schroder European Real Estate Investment Trust's dividend payout ratio (DPR) is currently -25,000.00%.

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.

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