Starwood European Real Estate Finance (LON:SWEF) Shares Pass Below 50 Day Moving Average – Here’s Why

Starwood European Real Estate Finance (LON:SWEF)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 90.59 ($1.11) and traded as low as GBX 89 ($1.10). Starwood European Real Estate Finance shares last traded at GBX 91 ($1.12), with a volume of 42,373 shares.

Starwood European Real Estate Finance Stock Down 1.3 %

The firm’s 50 day simple moving average is GBX 90.59 and its two-hundred day simple moving average is GBX 92.09. The stock has a market capitalization of £355.24 million and a P/E ratio of 1,282.86.

Starwood European Real Estate Finance Announces Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 7th were given a GBX 1.38 ($0.02) dividend. This represents a yield of 1.52%. The ex-dividend date of this dividend was Thursday, November 7th. Starwood European Real Estate Finance’s payout ratio is 8,571.43%.

Starwood European Real Estate Finance Company Profile

Starwood European Real Estate Finance Ltd. specializes in making real estate debt investments. The fund invests in Europe with a focus on the United Kingdom and wider European Union's internal market, focusing on Northern and Southern Europe. It provides loans with a term between three and seven years.