Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Piedmont Office Realty Trust Inc (NYSE: PDM) closed the day trading at $6.30 up 2.44% from the previous closing price of $6.15. In other words, the price has increased by $2.44 from its previous closing price. On the day, 1.06 million shares were traded. PDM stock price reached its highest trading level at $6.319 during the session, while it also had its lowest trading level at $6.06.
Ratios:
For a better understanding of PDM, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.26.
On January 07, 2020, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $26.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDM now has a Market Capitalization of 783770432 and an Enterprise Value of 2896606464. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 5.079 whereas that against EBITDA is 11.72.
Stock Price History:
The Beta on a monthly basis for PDM is 1.38, which has changed by -0.01098901 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, PDM has reached a high of $11.11, while it has fallen to a 52-week low of $5.81. The 50-Day Moving Average of the stock is -14.10%, while the 200-Day Moving Average is calculated to be -27.72%.
Shares Statistics:
Over the past 3-months, PDM traded about 803.96K shares per day on average, while over the past 10 days, PDM traded about 1072770 shares per day. A total of 124.08M shares are outstanding, with a floating share count of 122.43M. Insiders hold about 1.59% of the company’s shares, while institutions hold 88.61% stake in the company. Shares short for PDM as of 1743379200 were 1762601 with a Short Ratio of 2.19, compared to 1740700800 on 1914354. Therefore, it implies a Short% of Shares Outstanding of 1762601 and a Short% of Float of 1.9800000000000002.
Dividends & Splits
PDM’s forward annual dividend rate is 0.25, up from 0.5 a year ago. Against a Trailing Annual Dividend Yield of 0.08130081The stock’s 5-year Average Dividend Yield is 7.04.
