Schroder European Real Estate Investment Trust (LON:SERE) Shares Down 0.4% – Should You Sell?

Schroder European Real Estate Investment Trust Plc (LON:SERE) was down 0.4% on Friday . The stock traded as low as GBX 62.60 ($0.79) and last traded at GBX 63.77 ($0.80). Approximately 56,146 shares traded hands during trading, a decline of 74% from the average daily volume of 215,641 shares. The stock had previously closed at GBX 64 ($0.81).

Schroder European Real Estate Investment Trust Stock Performance

The firm has a 50 day moving average of GBX 67.86 and a two-hundred day moving average of GBX 66.76. 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 stock has a market cap of £85.29 million, a PE ratio of -3,188.50 and a beta of 0.60.

Schroder European Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be given a dividend of €0.01 ($0.02) per share. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 1.8%. Schroder European Real Estate Investment Trust’s dividend payout ratio is presently -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.