COPT Defense Properties (CDP) 20 Days SMA touches 2.36%: The odds favor the bear

On Tuesday, COPT Defense Properties (NYSE: CDP) opened higher 1.06% from the last session, before settling in for the closing price of $30.33. Price fluctuations for CDP have ranged from $22.20 to $30.99 over the past 52 weeks.

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During the last 5-year period, the sales growth of Real Estate Sector giant was 3.95%. Company’s average yearly earnings per share was noted 284.36% at the time writing. With a float of $112.16 million, this company’s outstanding shares have now reached $112.56 million.

Let’s determine the extent of company efficiency that accounts for 410 employees.

COPT Defense Properties (CDP) Insider Activity

A key investor’s attitude towards the stock of the REIT – Office industry is another important factor to consider. The insider ownership of COPT Defense Properties is 0.43%, while institutional ownership is 104.44%. The most recent insider transaction that took place on Sep 10 ’24, was worth 29,407. In this transaction EVP & COO of this company bought 1,000 shares at a rate of $29.41, taking the stock ownership to the 2,000 shares. Before that another transaction happened on May 14 ’24, when Company’s Director sold 4,523 for $24.58, making the entire transaction worth $111,192. This insider now owns 4,398 shares in total.

COPT Defense Properties (CDP) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -1.94 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.27) by -2.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 284.36% per share during the next fiscal year.

COPT Defense Properties (NYSE: CDP) Trading Performance Indicators

Check out the current performance indicators for COPT Defense Properties (CDP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.74. Likewise, its price to free cash flow for the trailing twelve months is 14.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.04, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.30 in one year’s time.

Technical Analysis of COPT Defense Properties (CDP)

Looking closely at COPT Defense Properties (NYSE: CDP), its last 5-days average volume was 0.93 million, which is a jump from its year-to-date volume of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 61.61%. Additionally, its Average True Range was 0.52.

During the past 100 days, COPT Defense Properties’s (CDP) raw stochastic average was set at 95.48%, which indicates a significant increase from 81.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.50% in the past 14 days, which was lower than the 16.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.24, while its 200-day Moving Average is $25.66. However, in the short run, COPT Defense Properties’s stock first resistance to watch stands at $30.92. Second resistance stands at $31.20. The third major resistance level sits at $31.57. If the price goes on to break the first support level at $30.27, it is likely to go to the next support level at $29.90. Should the price break the second support level, the third support level stands at $29.62.

COPT Defense Properties (NYSE: CDP) Key Stats

There are currently 112,635K shares outstanding in the company with a market cap of 3.45 billion. Presently, the company’s annual sales total 684,980 K according to its annual income of -73,470 K. Last quarter, the company’s sales amounted to 187,340 K and its income totaled 35,110 K.