Market Insights: Office Properties Income Trust (OPI)’s Notable Drop of -4.24%, Closing at 0.24

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As of close of business last night, Office Properties Income Trust’s stock clocked out at $0.24, down -4.24%% from its previous closing price of $0.25. In other words, the price has decreased by -$4.24% from its previous closing price. On the day, 2.05 million shares were traded.

Ratios:

To gain a deeper understanding of OPI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.55 and its Current Ratio is at 9.55. In the meantime, Its Debt-to-Equity ratio is 2.14 whereas as Long-Term Debt/Eq ratio is at 2.12.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.02.

Stock Price History:

Over the past 52 weeks, OPI has reached a high of $3.02, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -11.17%, while the 200-Day Moving Average is calculated to be -76.90%.

Shares Statistics:

A total of 70.06M shares are outstanding, with a floating share count of 69.57M. Insiders hold about 1.87% of the company’s shares, while institutions hold 40.79% stake in the company.

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