Closing Bell Recap: Office Properties Income Trust (OPI) Ends at $0.45, Reflecting a -21.24% Downturn

Abby Carey

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

Office Properties Income Trust (NASDAQ: OPI) closed the day trading at $0.45 down -21.24% from the previous closing price of $0.57. In other words, the price has decreased by -$21.24 from its previous closing price. On the day, 23.32 million shares were traded. OPI stock price reached its highest trading level at $0.4798 during the session, while it also had its lowest trading level at $0.366.

Ratios:

For a better understanding of OPI, let’s look at its different ratios. 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 33022972 and an Enterprise Value of 2320039936. For. The Stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.03. Its current Enterprise Value per Revenue stands at 4.968 whereas that against EBITDA is 9.845.

Stock Price History:

The Beta on a monthly basis for OPI is 1.73, which has changed by -0.7867299 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, OPI has reached a high of $2.44, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of. The Stock is 57.97%, while the 200-Day Moving Average is calculated to be -20.48%.

Shares Statistics:

Over the past 3-months, OPI traded about 10.49M shares per day on average, while over the past 10 days, OPI traded about 63553680 shares per day. A total of 73.98M shares are outstanding, with a floating share count of 72.59M. Insiders hold about 1.87% 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 0.48, 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

OPI’s forward annual dividend rate is 0.03, up from 0.03 a year ago. Against a Trailing Annual Dividend Yield of 0.052928723. The Stock’s 5-year Average Dividend Yield is 14.42.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.