Sirius Real Estate (LON:SRE) Stock Crosses Below Two Hundred Day Moving Average of $78.48

Shares of Sirius Real Estate Limited (LON:SRE – Get Rating) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 78.48 ($0.96) and traded as low as GBX 75.20 ($0.92). Sirius Real Estate shares last traded at GBX 75.20 ($0.92), with a volume of 8,071,282 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 123 ($1.50) price target on shares of Sirius Real Estate in a research note on Monday, November 21st.

Sirius Real Estate Trading Down 1.3 %

The company has a 50 day moving average of GBX 84 and a 200 day moving average of GBX 78.46. The company has a current ratio of 1.57, a quick ratio of 1.49 and a debt-to-equity ratio of 83.98. The firm has a market cap of £887.36 million, a price-to-earnings ratio of 683.64 and a beta of 1.14.

Insider Activity at Sirius Real Estate

In other Sirius Real Estate news, insider Alistair Marks sold 1,000,000 shares of Sirius Real Estate stock in a transaction on Monday, January 16th. The stock was sold at an average price of GBX 85 ($1.04), for a total value of £850,000 ($1,035,953.69). In other Sirius Real Estate news, insider Alistair Marks sold 1,000,000 shares of Sirius Real Estate stock in a transaction on Monday, January 16th. The stock was sold at an average price of GBX 85 ($1.04), for a total value of £850,000 ($1,035,953.69). Also, insider Andrew Coombs acquired 25,000 shares of the business’s stock in a transaction on Wednesday, January 25th. The stock was acquired at an average price of GBX 85 ($1.04) per share, with a total value of £21,250 ($25,898.84). 2.84% of the stock is owned by insiders.

About Sirius Real Estate

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Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.