Piedmont Office Realty Trust Inc (PDM) volume exceeds 0.73 million: A new investment opportunity for investors

Piedmont Office Realty Trust Inc (NYSE: PDM) kicked off on Tuesday, up 0.40% from the previous trading day, before settling in for the closing price of $10.01. Over the past 52 weeks, PDM has traded in a range of $5.37-$11.11.

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It was noted that within the last five years, the titan of the Real Estate sector saw sales slided by -0.37%. While this was happening, its average annual earnings per share was recorded -1.87%. With a float of $122.19 million, this company’s outstanding shares have now reached $123.72 million.

The extent of productivity of a business whose workforce counts for 150 workers is very important to gauge. In terms of profitability, gross margin is 40.79%, operating margin of 3.09%, and the pretax margin is -8.71%.

Piedmont Office Realty Trust Inc (PDM) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the REIT – Office Industry. The insider ownership of Piedmont Office Realty Trust Inc is 1.46%, while institutional ownership is 86.62%.

Piedmont Office Realty Trust Inc (PDM) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.23 earnings per share (EPS), lower than consensus estimate (set at -0.02) by -0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1.87% per share during the next fiscal year.

Piedmont Office Realty Trust Inc (NYSE: PDM) Trading Performance Indicators

Take a look at Piedmont Office Realty Trust Inc’s (PDM) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.10 in one year’s time.

Technical Analysis of Piedmont Office Realty Trust Inc (PDM)

The latest stats from [Piedmont Office Realty Trust Inc, PDM] show that its last 5-days average volume of 0.83 million was inferior to 0.86 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.03%. Additionally, its Average True Range was 0.27.

During the past 100 days, Piedmont Office Realty Trust Inc’s (PDM) raw stochastic average was set at 75.03%, which indicates a significant increase from 18.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.66% in the past 14 days, which was lower than the 30.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.01, while its 200-day Moving Average is $7.91. Now, the first resistance to watch is $10.16. This is followed by the second major resistance level at $10.27. The third major resistance level sits at $10.38. If the price goes on to break the first support level at $9.95, it is likely to go to the next support level at $9.84. Assuming the price breaks the second support level, the third support level stands at $9.73.

Piedmont Office Realty Trust Inc (NYSE: PDM) Key Stats

The company with the Market Capitalisation of 1.25 billion has total of 124,000K Shares Outstanding. Its annual sales at the moment are 577,760 K in contrast with the sum of -48,390 K annual income. Company’s last quarter sales were recorded 139,290 K and last quarter income was -11,520 K.