On May 23, 2023, Industrial Logistics Properties Trust (NASDAQ: ILPT) opened at $1.86, higher 3.23% from the last session. During the day, the shares moved up to $1.98 and dropped to $1.86 before settling in for the closing price of $1.86. Price fluctuations for ILPT have ranged from $1.64 to $15.47 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 19.90%. Company’s average yearly earnings per share was noted -289.90% at the time writing. With a float of $64.54 million, this company’s outstanding shares have now reached $65.31 million.
In terms of profitability, gross margin is +45.48, operating margin of +29.06, and the pretax margin is -75.71.
Industrial Logistics Properties Trust (ILPT) Insider Activity
A key investor’s attitude towards the stock of the REIT – Industrial industry is another important factor to consider. The insider ownership of Industrial Logistics Properties Trust is 0.20%, while institutional ownership is 87.20%. The most recent insider transaction that took place on May 04, was worth 39,332. In this transaction Director of this company sold 19,659 shares at a rate of $2.00, taking the stock ownership to the 0 shares. Before that another transaction happened on May 03, when Company’s Director sold 17,500 for $2.07, making the entire transaction worth $36,293. This insider now owns 0 shares in total.
Industrial Logistics Properties Trust (ILPT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.36 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.47) by $0.11. This company achieved a net margin of -58.44 while generating a return on equity of -24.81. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -289.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.60% during the next five years compared to -37.00% drop over the previous five years of trading.
Industrial Logistics Properties Trust (NASDAQ: ILPT) Trading Performance Indicators
Check out the current performance indicators for Industrial Logistics Properties Trust (ILPT). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 0.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.76, a number that is poised to hit -0.45 in the next quarter and is forecasted to reach -1.58 in one year’s time.
Technical Analysis of Industrial Logistics Properties Trust (ILPT)
Compared to the last year’s volume of 1.28 million, its volume of 0.77 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 66.01%. Additionally, its Average True Range was 0.14.
During the past 100 days, Industrial Logistics Properties Trust’s (ILPT) raw stochastic average was set at 8.25%, which indicates a significant decrease from 60.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.15% in the past 14 days, which was lower than the 71.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.3838, while its 200-day Moving Average is $4.4034. Nevertheless, the first resistance level for the watch stands at $1.9800 in the near term. At $2.0400, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.1000. If the price goes on to break the first support level at $1.8600, it is likely to go to the next support level at $1.8000. Should the price break the second support level, the third support level stands at $1.7400.
Industrial Logistics Properties Trust (NASDAQ: ILPT) Key Stats
There are currently 65,566K shares outstanding in the company with a market cap of 121.08 million. Presently, the company’s annual sales total 388,150 K according to its annual income of -226,720 K. Last quarter, the company’s sales amounted to 110,260 K and its income totaled -24,810 K.
