Sirius Real Estate (LON:SRE) Shares Cross Below 200-Day Moving Average - Should You Sell?

Sirius Real Estate Limited (LON:SRE - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 86.84 ($1.12) and traded as low as GBX 77.15 ($1.00). Sirius Real Estate shares last traded at GBX 78.40 ($1.01), with a volume of 3,806,961 shares traded.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 115 ($1.49) price target on shares of Sirius Real Estate in a report on Tuesday, December 17th.

Sirius Real Estate Trading Up 1.5 %

The firm has a market cap of £1.43 billion, a price-to-earnings ratio of 10.36 and a beta of 1.18. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. The business has a fifty day moving average of GBX 77.74 and a two-hundred day moving average of GBX 86.53.

Insider Buying and Selling

In related news, insider Andrew Coombs bought 5,000 shares of the stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of GBX 80 ($1.03) per share, for a total transaction of £4,000 ($5,168.63). Insiders own 1.95% of the company's stock.

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.

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