S
hares of Schroder European Real Estate Investment Trust Plc (LON:SERE) rose 3% during mid-day trading on Friday, reaching a high of GBX 69.40 ($0.94). The stock last traded at GBX 69 ($0.94), with 107,795 shares changing hands - a decline of 44% from the average session volume of 192,604 shares. This comes after the company's previous close at GBX 67 ($0.91).

    The business has a market cap of £110.04 million and a P/E ratio of -38.16. Its 50-day moving average is GBX 68.16, while its two-hundred day moving average is GBX 67.

    Schroder European Real Estate Investment Trust aims to provide shareholders with regular income returns and potential long-term growth through investments in Continental Europe's commercial real estate.

    The company has a beta of 0.60, indicating relatively stable performance compared to the broader market.