Starwood European Real Estate Finance (LON:SWEF) Shares Cross Below 50-Day Moving Average of $93.02

Starwood European Real Estate Finance (LON:SWEF) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 93.02 ($1.15) and traded as low as GBX 91 ($1.12). Starwood European Real Estate Finance shares last traded at GBX 91.20 ($1.13), with a volume of 107,156 shares changing hands.

Starwood European Real Estate Finance Trading Up 2.0 %

The company has a market capitalization of £367.90 million and a PE ratio of 1,328.57. The stock has a fifty day moving average of GBX 93.02 and a two-hundred day moving average of GBX 91.10.

Starwood European Real Estate Finance Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 2nd will be issued a dividend of GBX 1.38 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 1.51%. Starwood European Real Estate Finance’s dividend payout ratio is 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.