Schroder Real Estate Invest (LON:SREI) Share Price Breaks Below Two Hundred Day Moving Average – Time to Sell?

Schroder Real Estate Invest (LON:SREI)’s share price passed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 45.19 and traded as low as GBX 41.60. Schroder Real Estate Invest shares last traded at GBX 42.15, with a volume of 2,249,588 shares changing hands.

Schroder Real Estate Invest Price Performance

The stock has a market cap of £400.26 million, a P/E ratio of 14.55 and a beta of 0.53. The stock’s 50-day moving average is GBX 41.84 and its two-hundred day moving average is GBX 45.17.

Insider Activity at Schroder Real Estate Invest

In other news, insider Priscilla Davies bought 72,447 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were bought at an average cost of GBX 41 per share, for a total transaction of £29,703.27. Also, insider Alastair Hughes bought 49,000 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The stock was purchased at an average price of GBX 41 per share, for a total transaction of £20,090. Insiders acquired 201,226 shares of company stock worth $8,170,487 over the last 90 days. Company insiders own 0.20% of the company’s stock.

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.