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

Starwood European Real Estate Finance (LON:SWEF) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 92.05 ($1.17) and traded as low as GBX 89.19 ($1.13). Starwood European Real Estate Finance shares last traded at GBX 90.20 ($1.14), with a volume of 47,028 shares trading hands.

Starwood European Real Estate Finance Price Performance

The business’s 50 day moving average price is GBX 92.05 and its 200 day moving average price is GBX 92.71. The stock has a market capitalization of £356.82 million and a P/E ratio of 1,288.57.

Starwood European Real Estate Finance Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be paid a dividend of GBX 1.38 ($0.02) per share. The ex-dividend date is Thursday, November 7th. This represents a yield of 1.52%. Starwood European Real Estate Finance’s dividend payout ratio is presently 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.