Schroder Real Estate Invest (LON:SREI) Shares Break Below 200-Day Moving Average – Here’s What Happened

Shares of Schroder Real Estate Invest (LON:SREI) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 45.40 and traded as low as GBX 40.70. Schroder Real Estate Invest shares last traded at GBX 41.25, with a volume of 3,816,358 shares trading hands.

Schroder Real Estate Invest Price Performance

The stock has a market cap of £404.05 million, a P/E ratio of 14.69 and a beta of 0.53. The stock has a 50-day simple moving average of GBX 42.20 and a 200-day simple moving average of GBX 45.38.

Insider Buying and Selling

In other Schroder Real Estate Invest news, insider Priscilla Davies acquired 72,447 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were acquired at an average cost of GBX 41 per share, with a total value of £29,703.27. Also, insider Sanjay Patel acquired 29,779 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was acquired at an average cost of GBX 40 per share, for a total transaction of £11,911.60. Over the last three months, insiders have acquired 201,226 shares of company stock worth $8,170,487. 0.20% of the stock is owned by corporate insiders.

About Schroder Real Estate Invest

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.