Schroder European Real Estate Investment Trust (LON:SERE) Trading 4.8% Higher – Should You Buy?

Shares of Schroder European Real Estate Investment Trust Plc (LON:SERE) were up 4.8% during trading on Friday . The company traded as high as GBX 66 ($0.80) and last traded at GBX 65.40 ($0.80). Approximately 957,212 shares traded hands during mid-day trading, an increase of 193% from the average daily volume of 326,168 shares. The stock had previously closed at GBX 62.40 ($0.76).

Schroder European Real Estate Investment Trust Stock Performance

The company has a current ratio of 7.01, a quick ratio of 9.26 and a debt-to-equity ratio of 42.60. The company has a market cap of £87.47 million, a PE ratio of -3,270.00 and a beta of 0.60. The firm’s 50-day simple moving average is GBX 65.73 and its two-hundred day simple moving average is GBX 66.59.

Schroder European Real Estate Investment Trust Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be given a €0.01 ($0.02) dividend. This represents a dividend yield of 1.8%. The ex-dividend date is Thursday, January 2nd. Schroder European Real Estate Investment Trust’s payout ratio is -25,000.00%.

About Schroder European Real Estate Investment Trust

The investment objective of the Company is to provide Shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth through investing in commercial real estate in Continental Europe.