Office Properties Income Trust (OPI) concluded trading on Thursday at a closing price of $1.59, with 4.95 million shares of worth about $7.87 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.89% during that period and on October 31, 2024 the price saw a loss of about -19.29%. Currently the company’s common shares owned by public are about 53.34M shares, out of which, 52.06M shares are available for trading.
Stock saw a price change of -17.19% in past 5 days and over the past one month there was a price change of -23.56%. Year-to-date (YTD), OPI shares are showing a performance of -78.28% which decreased to -64.59% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.81 but also hit the highest price of $7.53 during that period. The average intraday trading volume for Office Properties Income Trust shares is 604.92K. The stock is currently trading -19.13% below its 20-day simple moving average (SMA20), while that difference is down -24.31% for SMA50 and it goes to -33.25% lower than SMA200.
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Office Properties Income Trust (NASDAQ: OPI) currently have 53.34M outstanding shares and institutions hold larger chunk of about 51.10% of that.
The stock has a current market capitalization of $84.82M and its 3Y-monthly beta is at 1.12. PE ratio of stock for trailing 12 months is 5.76, while it has posted earnings per share of $0.28 in the same period. Its PEG reads 1.15 while making debt-to-equity ratio of 1.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OPI, volatility over the week remained 9.10% while standing at 4.62% over the month.
Stock’s fiscal year EPS is expected to drop by -24.55% while it is estimated to decrease by -96.25% in next year. EPS is likely to grow at an annualized rate of 5.00% for next 5-years, compared to annual growth of -58.38% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on March 07, 2023 offering an Underperform rating for the stock and assigned a target price range of between $16 and $14 to it. On December 13, 2019, Morgan Stanley Downgrade their recommendations, while on June 28, 2019, RBC Capital Mkts Upgrade their ratings for the stock with a price target of $27. Stock get a Hold rating from Jefferies on May 08, 2019.
