Is Blackstone Mortgage Trust Inc (BXMT) Stock About to Get Hot Thursday?

The market has been high on Blackstone Mortgage Trust Inc (BXMT) stock recently. BXMT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Blackstone Mortgage Trust Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BXMT!

See Full BXMT Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With BXMT Stock Today?

Blackstone Mortgage Trust Inc (BXMT) stock is trading at $21.94 as of 1:20 PM on Thursday, Nov 16, a loss of -$1.01, or -4.4% from the previous closing price of $22.95. The stock has traded between $21.94 and $23.02 so far today. Volume today is light. So far 1,353,983 shares have traded compared to average volume of 2,506,835 shares. To see InvestorsObserver's Sentiment Score for Blackstone Mortgage Trust Inc click here.

More About Blackstone Mortgage Trust Inc

Blackstone Mortgage Trust Inc is a real estate finance company primarily involved in the origination and purchase of senior loans collateralized by commercial properties in North America, Europe, and Australia. The vast majority of the company's asset portfolio is comprised of floating rate loans secured by priority mortgages. These mortgages are mainly derived from office, hotel, and manufactured housing properties. A significant percentage of the collateralized real estate properties are located in New York, California, and the United Kingdom. Blackstone Mortgage Trust is managed by a subsidiary of The Blackstone Group and benefits from the market data provided by its parent company. Nearly all of Blackstone Mortgage Trust's revenue is generated in the form of interest income. Click Here to get the full Stock Report for Blackstone Mortgage Trust Inc stock.