Office Properties Income Trust’s Market Journey: Closing Weak at 0.36, Down -5.29

Ulysses Smith

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Office Properties Income Trust (NASDAQ: OPI) was $0.36 for the day, down -5.29% from the previous closing price of $0.38. In other words, the price has decreased by -$5.29 from its previous closing price. On the day, 4.6 million shares were traded. OPI stock price reached its highest trading level at $0.3926 during the session, while it also had its lowest trading level at $0.3461.

Ratios:

Our analysis of OPI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 14.31 and its Current Ratio is at 14.31. In the meantime, Its Debt-to-Equity ratio is 2.23 whereas as Long-Term Debt/Eq ratio is at 2.22.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on March 07, 2023, Downgraded its rating to Underperform and sets its target price to $14 from $16 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPI now has a Market Capitalization of 26483478 and an Enterprise Value of 2313500416. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 4.954 whereas that against EBITDA is 9.817.

Stock Price History:

The Beta on a monthly basis for OPI is 1.75, which has changed by -0.82857144 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, OPI has reached a high of $2.20, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 24.07%, while the 200-Day Moving Average is calculated to be -34.05%.

Shares Statistics:

OPI traded an average of 10.88M shares per day over the past three months and 65614870 shares per day over the past ten days. A total of 73.98M shares are outstanding, with a floating share count of 72.61M. Insiders hold about 1.85% of the company’s shares, while institutions hold 25.80% stake in the company. Shares short for OPI as of 1756425600 were 4994374 with a Short Ratio of 0.46, compared to 1753920000 on 3812456. Therefore, it implies a Short% of Shares Outstanding of 4994374 and a Short% of Float of 6.87.

Dividends & Splits

With its trailing 12-month dividend rate of 0.03, OPI has a forward annual dividend rate of 0.03. Against a Trailing Annual Dividend Yield of 0.07936508. The stock’s 5-year Average Dividend Yield is 14.42.

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