Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Office Properties Income Trust (NASDAQ: OPI) was $1.00 for the day, up 2.42% from the previous closing price of $0.98. In other words, the price has increased by $2.42 from its previous closing price. On the day, 0.87 million shares were traded. OPI stock price reached its highest trading level at $1.04 during the session, while it also had its lowest trading level at $0.977.
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 1.82 whereas as Long-Term Debt/Eq ratio is at 1.82.
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 69825104 and an Enterprise Value of 2355387136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 4.551 whereas that against EBITDA is 8.333.
Stock Price History:
The Beta on a monthly basis for OPI is 1.22, which has changed by -0.83747923 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, OPI has reached a high of $7.04, while it has fallen to a 52-week low of $0.93. The 50-Day Moving Average of the stock is -25.66%, while the 200-Day Moving Average is calculated to be -49.54%.
Shares Statistics:
OPI traded an average of 1.17M shares per day over the past three months and 1112230 shares per day over the past ten days. A total of 55.78M shares are outstanding, with a floating share count of 54.75M. Insiders hold about 1.84% of the company’s shares, while institutions hold 58.81% stake in the company. Shares short for OPI as of 1734048000 were 4858931 with a Short Ratio of 4.15, compared to 1731628800 on 5233626. Therefore, it implies a Short% of Shares Outstanding of 4858931 and a Short% of Float of 8.3000004.
Dividends & Splits
With its trailing 12-month dividend rate of 0.04, OPI has a forward annual dividend rate of 0.04. Against a Trailing Annual Dividend Yield of 0.040966816The stock’s 5-year Average Dividend Yield is 13.85.