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

Starwood European Real Estate Finance (LON:SWEF)’s share 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 ($1.09). Starwood European Real Estate Finance shares last traded at GBX 91 ($1.11), with a volume of 42,373 shares trading hands.

Starwood European Real Estate Finance Stock Performance

The firm’s 50-day simple moving average is GBX 90.56 and its 200 day simple moving average is GBX 92.07. The company has a market cap of £353.66 million and a P/E ratio of 1,277.14.

Starwood European Real Estate Finance Announces Dividend

The company also recently disclosed 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 dividend yield of 1.52%. The ex-dividend date of this dividend was Thursday, November 7th. Starwood European Real Estate Finance’s dividend payout ratio is currently 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.