Schroder Real Estate Invest (LON:SREI) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Schroder Real Estate Invest (LON:SREIGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 50.87 and traded as low as GBX 45.74. Schroder Real Estate Invest shares last traded at GBX 45.85, with a volume of 1,180,453 shares trading hands.

Schroder Real Estate Invest Stock Down 0.4%

The business has a fifty day simple moving average of GBX 46.97 and a 200 day simple moving average of GBX 50.79. The company has a market cap of £224.99 million, a price-to-earnings ratio of 7.67 and a beta of 0.54.

Schroder Real Estate Invest (LON:SREIGet Free Report) last announced its quarterly earnings results on Friday, July 10th. The real estate investment trust reported GBX 2.90 earnings per share (EPS) for the quarter. Schroder Real Estate Invest had a net margin of 80.90% and a return on equity of 9.81%.

Schroder Real Estate Invest Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Schroder Real Estate Invest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroder Real Estate Invest and related companies with MarketBeat.com's FREE daily email newsletter.