Schroder Real Estate Invest (LON:SREI) Shares Down 0.1% – Here’s What Happened

Schroder Real Estate Invest (LON:SREI) fell 0.1% on Friday. The company traded as low as GBX 43.20 and last traded at GBX 43.40. Approximately 5,177,406 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 3,279,855 shares. The stock had previously closed at GBX 43.45.

Schroder Real Estate Invest Stock Performance

The business has a 50 day moving average price of GBX 41.69 and a two-hundred day moving average price of GBX 46.78. The stock has a market cap of £411.64 million, a PE ratio of 14.97 and a beta of 0.53.

Insiders Place Their Bets

In other Schroder Real Estate Invest news, insider Alastair Hughes purchased 49,000 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average cost of GBX 41 per share, for a total transaction of £20,090. Also, insider Richard Dakin acquired 50,000 shares of the business’s stock in a transaction on Monday, September 14th. The stock was acquired at an average cost of GBX 40 per share, for a total transaction of £20,000. Over the last ninety days, insiders purchased 201,226 shares of company stock valued at $8,170,487. Insiders own 0.13% of the company’s stock.

About Schroder Real Estate Invest

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.