Office Properties Income Trust (NASDAQ: OPI) kicked off on Monday, down -2.45% from the previous trading day, before settling in for the closing price of $2.04. Over the past 52 weeks, OPI has traded in a range of $1.81-$7.53.
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A company in the Real Estate sector has jumped its sales by 7.28% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -24.55%. With a float of $52.06 million, this company’s outstanding shares have now reached $53.34 million.
In terms of profitability, gross margin is 65.39%, operating margin of 61.75%, and the pretax margin is 6.68%.
Office Properties Income Trust (OPI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Office Properties Income Trust is 2.41%, while institutional ownership is 51.19%.
Office Properties Income Trust (OPI) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.25 earnings per share (EPS), lower than consensus estimate (set at -0.03) by -0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to -58.38% drop over the previous five years of trading.
Office Properties Income Trust (NASDAQ: OPI) Trading Performance Indicators
Take a look at Office Properties Income Trust’s (OPI) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -3.14 in one year’s time.
Technical Analysis of Office Properties Income Trust (OPI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.41 million. That was inferior than the volume of 0.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.17%. Additionally, its Average True Range was 0.08.
During the past 100 days, Office Properties Income Trust’s (OPI) raw stochastic average was set at 13.50%, which indicates a significant decrease from 36.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.75% in the past 14 days, which was lower than the 64.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.15, while its 200-day Moving Average is $2.51. However, in the short run, Office Properties Income Trust’s stock first resistance to watch stands at $2.03. Second resistance stands at $2.08. The third major resistance level sits at $2.10. If the price goes on to break the first support level at $1.96, it is likely to go to the next support level at $1.94. The third support level lies at $1.89 if the price breaches the second support level.
Office Properties Income Trust (NASDAQ: OPI) Key Stats
The company with the Market Capitalisation of 106.15 million has total of 50,281K Shares Outstanding. Its annual sales at the moment are 533,550 K in contrast with the sum of -69,430 K annual income. Company’s last quarter sales were recorded 123,690 K and last quarter income was 76,170 K.
