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)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 53.07 and traded as low as GBX 50.50. Schroder Real Estate Invest shares last traded at GBX 50.70, with a volume of 804,975 shares traded.

Schroder Real Estate Invest Price Performance

The company has a 50-day simple moving average of GBX 55.07 and a 200-day simple moving average of GBX 53.07. The firm has a market cap of £247.98 million, a PE ratio of 8.45 and a beta of 0.46.

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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