Sirius Real Estate (LON:SRE) Share Price Crosses Above 50-Day Moving Average - Time to Sell?

Sirius Real Estate Limited (LON:SRE - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 81.08 ($1.06) and traded as high as GBX 82.10 ($1.07). Sirius Real Estate shares last traded at GBX 81.02 ($1.06), with a volume of 3,192,664 shares.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a "buy" rating and set a GBX 115 ($1.50) price objective on shares of Sirius Real Estate in a report on Tuesday, December 17th.

Sirius Real Estate Stock Performance

The company has a quick ratio of 1.49, a current ratio of 6.55 and a debt-to-equity ratio of 60.06. The firm has a 50-day moving average of GBX 81.12 and a 200 day moving average of GBX 83.72. The stock has a market capitalization of £1.53 billion, a P/E ratio of 11.11 and a beta of 1.18.

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company's core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company's own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.