The stock of Industrial Logistics Properties Trust (ILPT) has seen a -15.21% decrease in the past week, with a -24.19% drop in the past month, and a -7.06% decrease in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are at 8.18% for ILPT. The simple moving average for the last 20 days is -20.12% for ILPT stock, with a simple moving average of -52.60% for the last 200 days.
Is It Worth Investing in Industrial Logistics Properties Trust (NASDAQ: ILPT) Right Now?
and a 36-month beta value of 1.14. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The average price predicted for Industrial Logistics Properties Trust (ILPT) by analysts is $6.00, which is $2.71 above the current market price. The public float for ILPT is 64.54M, and at present, short sellers hold a 3.14% of that float. On March 16, 2023, the average trading volume of ILPT was 1.01M shares.
ILPT) stock’s latest price update
Industrial Logistics Properties Trust (NASDAQ: ILPT)’s stock price has decreased by -3.52 compared to its previous closing price of 3.41. Despite this, the company has seen a loss of -15.21% in its stock price over the last five trading days.
Analysts’ Opinion of ILPT
The stock of Industrial Logistics Properties Trust (ILPT) has seen a -15.21% decrease in the past week, with a -24.19% drop in the past month, and a -7.06% decrease in the past quarter. The volatility ratio for the week is 7.84%, and the volatility levels for the past 30 days are at 8.18% for ILPT. The simple moving average for the last 20 days is -20.12% for ILPT stock, with a simple moving average of -52.60% for the last 200 days.
Analysts’ Opinion of ILPT
Berenberg, on the other hand, stated in their research note that they expect to see ILPT reach a price target of $28. The rating they have provided for ILPT stocks is “Hold” according to the report published on October 20th, 2021.
ILPT Trading at -20.30% from the 50-Day Moving Average
After a stumble in the market that brought ILPT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.75% of loss for the given period.
Volatility was left at 8.18%, however, over the last 30 days, the volatility rate increased by 7.84%, as shares sank -19.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.61% upper at present.
During the last 5 trading sessions, ILPT fell by -15.21%, which changed the moving average for the period of 200-days by -77.99% in comparison to the 20-day moving average, which settled at $4.08. In addition, Industrial Logistics Properties Trust saw 0.61% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ILPT starting from PHELAN KEVIN C, who purchase 3,000 shares at the price of $3.41 back on Nov 18. After this action, PHELAN KEVIN C now owns 3,500 shares of Industrial Logistics Properties Trust, valued at $10,221 using the latest closing price.
Stock Fundamentals for ILPT
Current profitability levels for the company are sitting at:
- +29.06 for the present operating margin
- +45.48 for the gross margin
The net margin for Industrial Logistics Properties Trust stands at -58.44. Equity return is now at value -26.10, with -3.90 for asset returns.
Conclusion
To sum up, Industrial Logistics Properties Trust (ILPT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
