For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $0.41 in the prior trading day, Office Properties Income Trust (NASDAQ: OPI) closed at $0.38, down -6.20%. In other words, the price has decreased by -$6.20 from its previous closing price. On the day, 0.64 million shares were traded. OPI stock price reached its highest trading level at $0.41 during the session, while it also had its lowest trading level at $0.38.
Ratios:
Our goal is to gain a better understanding of OPI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 2.04.
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 26533388 and an Enterprise Value of 2299849472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.02. Its current Enterprise Value per Revenue stands at 4.582 whereas that against EBITDA is 8.448.
Stock Price History:
The Beta on a monthly basis for OPI is 1.65, which has changed by -0.8061224 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, OPI has reached a high of $3.02, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is -52.32%, while the 200-Day Moving Average is calculated to be -75.84%.
Shares Statistics:
The stock has traded on average 710.74K shares per day over the past 3-months and 708490 shares per day over the last 10 days, according to various share statistics. A total of 69.82M shares are outstanding, with a floating share count of 68.54M. Insiders hold about 1.84% of the company’s shares, while institutions hold 50.57% stake in the company. Shares short for OPI as of 1741910400 were 5483738 with a Short Ratio of 7.72, compared to 1739491200 on 4809478. Therefore, it implies a Short% of Shares Outstanding of 5483738 and a Short% of Float of 9.370000000000001.
Dividends & Splits
In the trailing 12 months, OPI’s forward annual dividend rate was 0.04, compared to 0.04 this year. Against a Trailing Annual Dividend Yield of 0.098741055The stock’s 5-year Average Dividend Yield is 13.77.