Schroder European Real Estate Investment Trust (LON:SERE) Trading Up 0.6%

Schroder European Real Estate Investment Trust Plc (LON:SEREGet Free Report)’s share price was up 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 66.40 ($0.85) and last traded at GBX 64.40 ($0.82). Approximately 307,198 shares were traded during trading, an increase of 68% from the average daily volume of 182,471 shares. The stock had previously closed at GBX 64 ($0.82).

Schroder European Real Estate Investment Trust Stock Up 0.6 %

The company has a debt-to-equity ratio of 42.94, a current ratio of 2.91 and a quick ratio of 9.26. The firm has a 50 day simple moving average of GBX 63.82 and a 200-day simple moving average of GBX 65. The stock has a market capitalization of £86.13 million, a price-to-earnings ratio of -1,073.33 and a beta of 0.60.

Schroder European Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, August 12th. Shareholders of record on Thursday, July 11th will be paid a dividend of €0.01 ($0.02) per share. The ex-dividend date is Thursday, July 11th. This represents a yield of 1.97%. Schroder European Real Estate Investment Trust’s dividend payout ratio is currently -8,333.33%.

Schroder European Real Estate Investment Trust Company Profile

(Get Free Report)

SEREIT invests in European growth cities and regions. It is a UK closed-ended real estate investment company incorporated on 9 January 2015. The Company has a premium listing on the Official List of the UK Listing Authority and its shares have been trading on the Main Market of the London Stock Exchange (ticker: SERE) since 9 December 2015.

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