Blackstone Mortgage Trust Inc (NYSE:BXMT) price closed lower on Tuesday, April 16, dropping -0.11% below its previous close.
A look at the daily price movement shows that the last close reads $18.27. The company’s P/E ratio in the trailing 12-month period read 12.95. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.82 and 52-week low of $16.83. The stock subtracted -9.34% on its value in the past month.
Blackstone Mortgage Trust Inc, which has a market valuation of $3.17 billion. The company stock has a Forward Dividend ratio of 2.48, while the dividend yield is 13.59%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BXMT a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 5.97. The overview shows that BXMT’s price is at present -6.61% off the SMA20 and -6.72% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.15, with weekly volatility standing at 2.75%. The indicator jumps to 2.37% when calculated based on the past 30 days. Blackstone Mortgage Trust Inc (NYSE:BXMT)’s beta value is holding at 1.45, while the average true range (ATR) indicator is currently reading 0.52.
An analysis of the Blackstone Mortgage Trust Inc (NYSE:BXMT) stock in terms of its daily trading volume indicates that the 3-month average is 2.17 million.
Current records show that the company has 173.21M in outstanding shares. The insiders’ percentage holdings are 5.86% of outstanding shares while the percentage share held by institutions stands at 61.61%. But the -14.20% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
