Market Resilience: Industrial Logistics Properties Trust (ILPT) Finishes Strong at 2.98, Up 6.43

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

Industrial Logistics Properties Trust (NASDAQ: ILPT) closed the day trading at $2.98 up 6.43% from the previous closing price of $2.80. In other words, the price has increased by $6.43 from its previous closing price. On the day, 1.17 million shares were traded. ILPT stock price reached its highest trading level at $2.99 during the session, while it also had its lowest trading level at $2.635.

Ratios:

For a better understanding of ILPT, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 7.69 whereas as Long-Term Debt/Eq ratio is at 2.96.

On October 20, 2021, Berenberg started tracking the stock assigning a Hold rating and target price of $28.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 02 ’24 when PHELAN KEVIN C bought 2,000 shares for $4.75 per share. The transaction valued at 9,499 led to the insider holds 10,500 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ILPT now has a Market Capitalization of 197110016 and an Enterprise Value of 4812530176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 10.88 whereas that against EBITDA is 15.726.

Stock Price History:

The Beta on a monthly basis for ILPT is 2.05, which has changed by -0.26237625 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, ILPT has reached a high of $5.45, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -19.06%, while the 200-Day Moving Average is calculated to be -26.60%.

Shares Statistics:

Over the past 3-months, ILPT traded about 306.80K shares per day on average, while over the past 10 days, ILPT traded about 507070 shares per day. A total of 66.14M shares are outstanding, with a floating share count of 52.37M. Insiders hold about 20.82% of the company’s shares, while institutions hold 49.30% stake in the company. Shares short for ILPT as of 1741910400 were 1360947 with a Short Ratio of 4.44, compared to 1739491200 on 1266843. Therefore, it implies a Short% of Shares Outstanding of 1360947 and a Short% of Float of 2.1.

Dividends & Splits

ILPT’s forward annual dividend rate is 0.04, up from 0.04 a year ago. Against a Trailing Annual Dividend Yield of 0.014285714The stock’s 5-year Average Dividend Yield is 5.26.

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