Somewhat Positive News Coverage Somewhat Unlikely to Affect Tremont Mortgage Trust (TRMT) Stock Price
News stories about Tremont Mortgage Trust (NASDAQ:TRMT) have been trending somewhat positive on Monday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tremont Mortgage Trust earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the company an impact score of 48.4240769114949 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Tremont Mortgage Trust (NASDAQ TRMT) traded down $0.04 during midday trading on Monday, reaching $13.46. The company’s stock had a trading volume of 13,093 shares, compared to its average volume of 14,343. Tremont Mortgage Trust has a 12-month low of $13.10 and a 12-month high of $17.94.
Tremont Mortgage Trust (NASDAQ:TRMT) last announced its quarterly earnings data on Thursday, February 22nd. The company reported ($0.34) earnings per share (EPS) for the quarter.
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Tremont Mortgage Trust is a real estate investment trust. The Company is focused primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate (CRE). Its investments also include subordinated mortgages, mezzanine loans and preferred equity interests in entities that own middle market and transitional CRE.
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