Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Office Properties Income Trust’s stock clocked out at $2.49, down -9.78% from its previous closing price of $2.76. In other words, the price has decreased by -$9.78 from its previous closing price. On the day, 0.73 million shares were traded. OPI stock price reached its highest trading level at $2.79 during the session, while it also had its lowest trading level at $2.46.
Ratios:
To gain a deeper understanding of OPI’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.07 whereas as Long-Term Debt/Eq ratio is at 2.07.
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 121387248 and an Enterprise Value of 2677101312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 4.952 whereas that against EBITDA is 8.741.
Stock Price History:
Over the past 52 weeks, OPI has reached a high of $8.80, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 15.77%, while the 200-Day Moving Average is calculated to be -46.50%.
Shares Statistics:
It appears that OPI traded 1.31M shares on average per day over the past three months and 1498030 shares per day over the past ten days. A total of 48.76M shares are outstanding, with a floating share count of 47.71M. Insiders hold about 2.13% of the company’s shares, while institutions hold 65.74% stake in the company. Shares short for OPI as of 1713139200 were 8215356 with a Short Ratio of 6.26, compared to 1710460800 on 7439978. Therefore, it implies a Short% of Shares Outstanding of 8215356 and a Short% of Float of 21.93.
Dividends & Splits
With its trailing 12-month dividend rate of 0.51, OPI has a forward annual dividend rate of 0.52. Against a Trailing Annual Dividend Yield of 0.18478261The stock’s 5-year Average Dividend Yield is 13.81.
