Schroder Real Estate Invest (LON:SREI) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Schroder Real Estate Invest (LON:SREI)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 49.85 ($0.64) and traded as high as GBX 52 ($0.67). Schroder Real Estate Invest shares last traded at GBX 52 ($0.67), with a volume of 727,816 shares trading hands.

Schroder Real Estate Invest Stock Performance

The company has a market cap of £255.36 million, a P/E ratio of 22.69 and a beta of 0.67. The business has a fifty day moving average of GBX 49.07 and a 200 day moving average of GBX 49.88. The company has a quick ratio of 2.91, a current ratio of 4.46 and a debt-to-equity ratio of 61.57.

Schroder Real Estate Invest Company Profile

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.