What’s Tremont Mortgage Trust (TRMT) Downside After Touching All-Time Low?

The stock of Tremont Mortgage Trust (NASDAQ:TRMT) reached all time low today, May, 8 and still has $7.86 target or 3.00 % below today’s $8.10 share price. This indicates more downside for the $25.75M company. This technical setup was reported by Barchart.com. If the $7.86 PT is reached, the company will be worth $772,440 less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 5.81% or $0.5 during the last trading session, reaching $8.1. About 45,009 shares traded or 251.55% up from the average. Tremont Mortgage Trust (NASDAQ:TRMT) has declined 39.06% since May 8, 2018 and is downtrending. It has underperformed by 43.43% the S&P500.

More notable recent Tremont Mortgage Trust (NASDAQ:TRMT) news were published by: Businesswire.com which released: “Tremont Mortgage Trust Closes $24 Million First Mortgage Bridge Loan to Refinance Holiday Inn & Suites Atlanta Airport North – Business Wire” on December 26, 2018, also Seekingalpha.com with their article: “Tremont Mortgage Trust: A Microcap REIT Turnaround That Offers A 16% Future Dividend Yield Or 70%+ Upside – Seeking Alpha” published on April 09, 2019, Seekingalpha.com published: “It Pays To Be The External Manager – Seeking Alpha” on August 31, 2018. More interesting news about Tremont Mortgage Trust (NASDAQ:TRMT) were released by: Globenewswire.com and their article: “Research Report Identifies 1-800 FLOWERS.COM, Ceragon Networks, Tremont Mortgage Trust, Golden Minerals, GEE Group, and InVivo Therapeutics with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” published on April 19, 2019 as well as Streetinsider.com‘s news article titled: “Form DEF 14A FIVE STAR SENIOR LIVING For: Jun 11 – StreetInsider.com” with publication date: April 25, 2019.

Tremont Mortgage Trust, a real estate investment trust, focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company has market cap of $25.75 million. The firm qualifies as a real estate investment trust for federal income tax purposes. It currently has negative earnings. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.

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