Office Properties Income Trust [NASDAQ: OPI] surged by $0.06 during the normal trading session on Thursday and reaching a high of $0.325 during the day while it closed the day at $0.32.
Office Properties Income Trust stock has also gained 31.78% of its value over the past 7 days. However, OPI stock has declined by -8.69% in the 3 months of the year. Over the past six months meanwhile, it has lost -66.32% and lost -88.35% year-on date.
The market cap for OPI stock reached $22.87 million, with 70.06 million shares outstanding and 69.57 million shares in the current float. Compared to the average trading volume of 1.07M shares, OPI reached a trading volume of 3982742 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Office Properties Income Trust [OPI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OPI shares is $0.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OPI stock is a recommendation set at 5.00. 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.
RBC Capital Mkts have made an estimate for Office Properties Income Trust shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 07, 2023. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Perform. The new note on the price target was released on June 08, 2020, representing the official price target for Office Properties Income Trust stock.
The Price to Book ratio for the last quarter was 0.02, with the Price to Cash per share for the same quarter was set at 1.08.
OPI stock trade performance evaluation
Office Properties Income Trust [OPI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.78. With this latest performance, OPI shares gained by 32.54% in over the last four-week period, additionally sinking by -66.32% over the last 6 months – not to mention a drop of -67.73% 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 OPI stock in for the last two-week period is set at 63.39, with the RSI for the last a single of trading hit 0.0300, and the three-weeks RSI is set at 0.0293 for Office Properties Income Trust [OPI]. The present Moving Average for the last 50 days of trading for this stock 0.2369, while it was recorded at 0.2627 for the last single week of trading, and 0.8289 for the last 200 days.
Office Properties Income Trust [OPI]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Office Properties Income Trust [OPI] shares currently have an operating margin of 14.53% and a Gross Margin at 39.55%. Office Properties Income Trust’s Net Margin is presently recorded at -37.21%.
Office Properties Income Trust (OPI) Capital Structure & Debt Analysis
According to recent financial data for Office Properties Income Trust. ( OPI), the Return on Equity (ROE) stands at -15.03%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -4.71%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Office Properties Income Trust’s Return on Invested Capital (ROIC) is -5.12%, showcasing its effectiveness in deploying capital for earnings.
Office Properties Income Trust (OPI) Efficiency & Liquidity Metrics
Based on Office Properties Income Trust’s (OPI) latest financial statements, the Debt-to-Equity Ratio is 2.14%, indicating its reliance on debt financing relative to shareholder equity.
Office Properties Income Trust (OPI) Efficiency & Liquidity Metrics
Office Properties Income Trust [OPI]: Institutional Ownership
There are presently around $41.46%, or 42.19% of OPI stock, in the hands of institutional investors. The top three institutional holders of OPI stocks are: VANGUARD GROUP INC with ownership of 4.81 million shares, which is approximately 9.8898%. CASTLEKNIGHT MANAGEMENT LP, holding 2.25 million shares of the stock with an approximate value of $$4.59 million in OPI stocks shares; and CASTLEKNIGHT MANAGEMENT LP, currently with $$4.57 million in OPI stock with ownership which is approximately 4.603%.
