Schroder Real Estate Invest (LON:SREI) Reaches New 1-Year Low – Here’s Why

Schroder Real Estate Invest (LON:SREI)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 41.25 and last traded at GBX 41.90, with a volume of 2831483 shares trading hands. The stock had previously closed at GBX 42.55.

Schroder Real Estate Invest Trading Down 1.5%

The stock has a market capitalization of £204.94 million, a PE ratio of 14.45 and a beta of 0.53. The stock’s fifty day simple moving average is GBX 45.15 and its 200-day simple moving average is GBX 47.98.

Schroder Real Estate Invest (LON:SREI) last announced its earnings results on Friday, July 10th. The real estate investment trust reported GBX 2.90 EPS for the quarter. Schroder Real Estate Invest had a net margin of 47.43% and a return on equity of 4.68%.

About Schroder Real Estate Invest

The investment objective of Schroder Real Estate Investment Trust (‘the Company’) is to provide shareholders with an attractive level of income together with the potential for income and capital growth as a result of its investments in, and active management of, a diversified portfolio of UK commercial real estate.