KKR Real Estate Finance Trust Inc (NYSE:KREF) shares, rose in value on Friday, May 30, with the stock price down by -1.33% to the previous day’s close as strong demand from buyers drove the stock to $8.93.
Actively observing the price movement in the last trading, the stock closed the session at $9.05. The PE ratio was 55.47 over 12-month period. Referring to stock’s 52-week performance, its high was $12.95, and the low was $8.28. On the whole, KREF has fluctuated by -3.46% over the past month.
With the market capitalization of KKR Real Estate Finance Trust Inc currently standing at about $607.35 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 11.20%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KREF’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of KREF currently trading nearly -3.04% and -6.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.24, while the 7-day volatility ratio is showing 1.55% which for the 30-day chart, stands at 1.82%. Furthermore, KKR Real Estate Finance Trust Inc (KREF)’s beta value is 0.97, and its average true range (ATR) is 0.24.
A comparison of KKR Real Estate Finance Trust Inc (KREF) with its peers suggests the former has fared considerably weaker in the market. KREF showed an intraday change of -1.33% in last session, and over the past year, it shrunk by -5.30%%.
Data on historical trading for KKR Real Estate Finance Trust Inc (NYSE:KREF) indicates that the trading volumes over the past 3 months, they’ve averaged 590.71K. According to company’s latest data on outstanding shares, there are 67.82 million shares outstanding.
Nearly 17.40% of KKR Real Estate Finance Trust Inc’s shares belong to company insiders and institutional investors own 61.15% of the company’s shares. The stock has fallen by -11.58% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KREF stock heading into the next quarter.
