Schroder European Real Estate Investment Trust (LON:SERE) Trading 4.8% Higher – Time to Buy?

Schroder European Real Estate Investment Trust Plc (LON:SERE)’s share price rose 4.8% during trading on Friday . The stock traded as high as GBX 66 ($0.80) and last traded at GBX 65.40 ($0.80). Approximately 957,212 shares were traded during trading, an increase of 193% from the average daily volume of 326,168 shares. The stock had previously closed at GBX 62.40 ($0.76).

Schroder European Real Estate Investment Trust Stock Up 4.8 %

The stock has a market capitalization of £87.47 million, a price-to-earnings ratio of -3,270.00 and a beta of 0.60. The company has a debt-to-equity ratio of 42.60, a current ratio of 7.01 and a quick ratio of 9.26. The firm’s fifty day moving average is GBX 65.73 and its 200-day moving average is GBX 66.59.

Schroder European Real Estate Investment Trust Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be issued a €0.01 ($0.02) dividend. This represents a yield of 1.8%. The ex-dividend date is Thursday, January 2nd. Schroder European Real Estate Investment Trust’s dividend payout ratio is currently -25,000.00%.

About Schroder European Real Estate Investment Trust

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.