Trading Update: Office Properties Income Trust (OPI) Stock Endures 5.44% Monthly Volatility

The stock of Office Properties Income Trust (OPI) has gone down by -5.34% for the week, with a -28.65% drop in the past month and a -34.87% drop in the past quarter. The volatility ratio for the week is 7.19%, and the volatility levels for the past 30 days are 5.44% for OPI. The simple moving average for the last 20 days is -20.36% for OPI stock, with a simple moving average of -38.70% for the last 200 days.

Is It Worth Investing in Office Properties Income Trust (NASDAQ: OPI) Right Now?

The stock has a 36-month beta value of 1.10. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 1 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for OPI is 54.44M, and at present, short sellers hold a 8.09% of that float. On November 08, 2024, the average trading volume of OPI was 684.41K shares.

OPI) stock’s latest price update

Office Properties Income Trust (NASDAQ: OPI) has seen a rise in its stock price by 5.18 in relation to its previous close of 1.35. However, the company has experienced a -5.34% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-06 that Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the US REIT industry that have raised dividends during the first three quarters of 2024. Shopping center landlord SITE Centers Corp. was the most recent addition to the list of REITs that suspended dividends this year.

Analysts’ Opinion of OPI

Many brokerage firms have already submitted their reports for OPI stocks, with RBC Capital Mkts repeating the rating for OPI by listing it as a “Underperform.” The predicted price for OPI in the upcoming period, according to RBC Capital Mkts is $14 based on the research report published on March 07, 2023 of the previous year 2023.

OPI Trading at -28.62% from the 50-Day Moving Average

After a stumble in the market that brought OPI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.13% of loss for the given period.

Volatility was left at 5.44%, however, over the last 30 days, the volatility rate increased by 7.19%, as shares sank -31.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.72% lower at present.

During the last 5 trading sessions, OPI fell by -7.00%, which changed the moving average for the period of 200-days by -62.40% in comparison to the 20-day moving average, which settled at $1.7817. In addition, Office Properties Income Trust saw -80.60% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for OPI

Current profitability levels for the company are sitting at:

  • 0.6 for the present operating margin
  • 0.59 for the gross margin

The net margin for Office Properties Income Trust stands at -0.05. The total capital return value is set at 0.08. Equity return is now at value -1.94, with -0.65 for asset returns.

Based on Office Properties Income Trust (OPI), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.63. The interest coverage ratio of the stock is 5.11.

Currently, EBITDA for the company is 312.37 million with net debt to EBITDA at 19.21. When we switch over and look at the enterprise to sales, we see a ratio of 6.61. The receivables turnover for the company is 3.53for trailing twelve months and the total asset turnover is 0.14.

Conclusion

To sum up, Office Properties Income Trust (OPI) 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.

Related Posts