The stock of Schroder European Real Est Invt Tr PLC (LON:SERE) is a huge mover today! The stock decreased 0.52% or GBX 0.62 on November 8, hitting GBX 118.13. About 137,600 shares traded hands or 190.93% up from the average. Schroder European Real Est Invt Tr PLC (LON:SERE) has risen 20.36% since April 11, 2016 and is uptrending. It has outperformed by 18.40% the S&P500.
The move comes after 6 months negative chart setup for the GBX 157.98 million company. It was reported on Nov, 8 by Barchart.com. We have GBX 105.14 PT which if reached, will make LON:SERE worth GBX 17.38M less.
Another recent and important Schroder European Real Est Invt Tr PLC (LON:SERE) news was published by Bloomberg.com which published an article titled: “Real Estate Investors Seek Shelter for Brexit’s Finance Refugees” on October 24, 2016.
Schroder European Real Estate Investment Trust plc is a United Kingdom closed-ended investment company. The company has a market cap of 157.98 million GBP. 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. It currently has negative earnings. It may invest directly in real estate assets or through investment in special purpose vehicles, partnerships, trusts or other structures.
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