Starwood European Real Estate Finance (LON:SWEF) Shares Cross Below 50-Day Moving Average – Here’s What Happened

Starwood European Real Estate Finance (LON:SWEF)’s share price passed 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 changing hands.

Starwood European Real Estate Finance Price Performance

The firm has a 50-day moving average of GBX 90.59 and a 200-day moving average of GBX 92.09. The stock has a market cap of £355.24 million and a PE ratio of 1,282.86.

Starwood European Real Estate Finance Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th were issued a dividend of GBX 1.38 ($0.02) per share. This represents a yield of 1.52%. The ex-dividend date was Thursday, November 7th. Starwood European Real Estate Finance’s dividend payout ratio (DPR) is currently 8,571.43%.

About Starwood European Real Estate Finance

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.