Schroder Real Estate Invest (LON:SREI) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Schroder Real Estate Invest (LON:SREIGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 52.44 and traded as low as GBX 48.39. Schroder Real Estate Invest shares last traded at GBX 48.55, with a volume of 934,371 shares trading hands.

Schroder Real Estate Invest Stock Performance

The firm has a fifty day moving average price of GBX 48.32 and a two-hundred day moving average price of GBX 52.40. The stock has a market capitalization of £233.31 million, a P/E ratio of 7.95 and a beta of 0.53.

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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