STARWOOD PROPERTY TRUST (STWD) : Traders are bullish on STARWOOD PROPERTY TRUST (STWD) as it has outperformed the S&P 500 by a wide margin of 2.09% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.21% in the last 1 week, and is up 5.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.31% and the 50-Day Moving Average is 6.31%. Starwood Property Trust, Inc. is up 15.36% in the last 3-month period. Year-to-Date the stock performance stands at 11.42%.
STARWOOD PROPERTY TRUST (NYSE:STWD): stock turned positive on Friday. Though the stock opened at $21.67, the bulls momentum made the stock top out at $21.81 level for the day. The stock recorded a low of $21.6424 and closed the trading day at $21.8, in the green by 0.69%. The total traded volume for the day was 1,268,049. The stock had closed at $21.65 in the previous days trading.
Starwood Property Trust, Inc. is a holding company that operates as a real estate investment trust (REIT). The Company, through its subsidiaries, focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment, and Investing and Servicing Segment. The Companys Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe, an investment business that acquires and manages real estate finance investments, and a mortgage loan business. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group.