TPG RE Finance Trust Inc (TRTX) Stock: What Does the Chart Say Wednesday?

TPG RE Finance Trust Inc (TRTX) stock is down 11.95% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

TPG RE Finance Trust Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TRTX!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TRTX Stock Today?

TPG RE Finance Trust Inc (TRTX) stock has fallen -1.8% while the S&P 500 is higher by 0.26% as of 10:00 AM on Wednesday, Sep 27. TRTX is lower by -$0.12 from the previous closing price of $6.68 on volume of 80,256 shares. Over the past year the S&P 500 is up 17.23% while TRTX is lower by -15.14%. TRTX lost -$1.99 per share in the over the last 12 months. To screen for more stocks like TPG RE Finance Trust Inc click here.

More About TPG RE Finance Trust Inc

TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires and manages commercial mortgage loans and other commercial real estate-related debt instruments. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses primarily on directly originating and selectively acquiring floating rate first mortgage loans that are secured by high quality commercial real estate properties undergoing some form of transition and value creation. Click Here to get the full Stock Report for TPG RE Finance Trust Inc stock.