Net Lease Office Properties [NYSE: NLOP] price plunged by -0.84 percent to reach at -$0.27.
The one-year NLOP stock forecast points to a potential upside of 31.11. The average equity rating for NLOP stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Net Lease Office Properties [NLOP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NLOP shares is $46.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NLOP stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BWS Financial have made an estimate for Net Lease Office Properties shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 09, 2024.
The Average True Range (ATR) for Net Lease Office Properties is set at 1.04, with the Price to Sales ratio for NLOP stock in the period of the last 12 months amounting to 2.90. The Price to Book ratio for the last quarter was 0.75, with the Price to Cash per share for the same quarter was set at 5.78.
NLOP Stock Performance Analysis:
Net Lease Office Properties [NLOP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.16. With this latest performance, NLOP shares dropped by -2.28% in over the last four-week period, additionally plugging by 21.00% over the last 6 months – not to mention a rise of 36.59% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NLOP stock in for the last two-week period is set at 54.08, with the RSI for the last a single of trading hit 56.25, and the three-weeks RSI is set at 53.01 for Net Lease Office Properties [NLOP]. The present Moving Average for the last 50 days of trading for this stock 31.36, while it was recorded at 31.63 for the last single week of trading, and 28.07 for the last 200 days.
