Insider Buying: Schroder European Real Estate Investment Trust (LON:SERE) Insider Purchases 20,000 Shares of Stock

Schroder European Real Estate Investment Trust Plc (LON:SERE) insider Phil Redding purchased 20,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was bought at an average cost of GBX 61 per share, with a total value of £12,200.

Schroder European Real Estate Investment Trust Stock Performance

Schroder European Real Estate Investment Trust stock traded up GBX 2.68 during mid-day trading on Tuesday, hitting GBX 60.88. The company had a trading volume of 37,841 shares, compared to its average volume of 188,886. The company has a market capitalization of £80.00 million, a price-to-earnings ratio of 35.81 and a beta of 0.35. Schroder European Real Estate Investment Trust Plc has a 12-month low of GBX 58.20 and a 12-month high of GBX 72. The company’s fifty day moving average is GBX 63.34 and its 200-day moving average is GBX 63.22. The company has a current ratio of 20.14, a quick ratio of 9.26 and a debt-to-equity ratio of 40.87.

Schroder European Real Estate Investment Trust Company Profile

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.