Daily Market Movement: Office Properties Income Trust (OPI) Sees a 7.01 Increase, Closing at 2.29

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The closing price of Office Properties Income Trust (NASDAQ: OPI) was $2.29 for the day, up 7.01% from the previous closing price of $2.14. In other words, the price has increased by $7.01 from its previous closing price. On the day, 0.78 million shares were traded. OPI stock price reached its highest trading level at $2.325 during the session, while it also had its lowest trading level at $2.13.

Ratios:

Our analysis of OPI’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.74.

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 115067464 and an Enterprise Value of 2409412352. As of this moment, Office’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. 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 0.09. Its current Enterprise Value per Revenue stands at 4.544 whereas that against EBITDA is 8.124.

Stock Price History:

Over the past 52 weeks, OPI has reached a high of $7.69, while it has fallen to a 52-week low of $1.81. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be -31.73%.

Shares Statistics:

OPI traded an average of 775.59K shares per day over the past three months and 485770 shares per day over the past ten days. A total of 50.25M shares are outstanding, with a floating share count of 49.12M. Insiders hold about 2.24% of the company’s shares, while institutions hold 54.46% stake in the company. Shares short for OPI as of 1722384000 were 5393088 with a Short Ratio of 6.95, compared to 1719532800 on 7892601. Therefore, it implies a Short% of Shares Outstanding of 5393088 and a Short% of Float of 13.850000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 0.28, OPI has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 0.13084112The stock’s 5-year Average Dividend Yield is 14.0.

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