Schroder European Real Estate Investment Trust (LON:SERE) Stock Price Up 4.8% - Here's What Happened

Schroder European Real Estate Investment Trust Plc (LON:SERE - Get Free Report)'s share price traded up 4.8% during mid-day trading on Friday . The company traded as high as GBX 66 ($0.80) and last traded at GBX 65.40 ($0.80). 957,212 shares were traded during mid-day 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 Price Performance

The company has a current ratio of 7.01, a quick ratio of 9.26 and a debt-to-equity ratio of 42.60. The company has a 50 day simple moving average of GBX 65.73 and a 200 day simple moving average of GBX 66.59. The stock has a market cap of £87.47 million, a P/E ratio of -3,270.00 and a beta of 0.60.

Schroder European Real Estate Investment Trust Announces Dividend

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

Schroder European Real Estate Investment Trust Company Profile

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.