Schroder Real Estate Invest (LON:SREI) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Schroder Real Estate Invest (LON:SREIGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 51.76 and traded as high as GBX 55.40. Schroder Real Estate Invest shares last traded at GBX 54.50, with a volume of 546,120 shares traded.

Schroder Real Estate Invest Stock Up 0.6%

The firm has a market capitalization of £266.57 million, a price-to-earnings ratio of 8.65 and a beta of 0.67. The stock has a 50 day moving average of GBX 50.29 and a 200 day moving average of GBX 51.76. The company has a quick ratio of 2.91, a current ratio of 4.46 and a debt-to-equity ratio of 61.57.

About Schroder Real Estate Invest

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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.

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