Industrial Logistics Properties Trust (NASDAQ: ILPT) is -0.43% lower on its value in year-to-date trading and has touched a low of $2.21 and a high of $4.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ILPT stock was last observed hovering at around $4.55 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $4.68, the stock is 27.00% and 21.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 2.86% at the moment leaves the stock 26.00% off its SMA200. ILPT registered 20.31% gain for a year compared to 6-month loss of 14.71%.
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The stock witnessed a 24.14% gain in the last 1 month and extending the period to 3 months gives it a 23.48%, and is 35.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.53% over the week and 5.78% over the month.
Profit margin for the company is -24.25%. Distance from 52-week low is 111.29% and -4.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.86%).
The shares outstanding are 65.84M, and float is at 64.49M with Short Float at 1.70%.
Industrial Logistics Properties Trust (ILPT) Insider Activity
The most recent transaction is an insider purchase by PHELAN KEVIN C, the company’s Director. SEC filings show that PHELAN KEVIN C bought 5,000 shares of the company’s common stock on Aug 09 ’23 at a price of $3.80 per share for a total of $19000.0. Following the purchase, the insider now owns 8500.0 shares.
Industrial Logistics Properties Trust disclosed in a document filed with the SEC on Jul 27 ’23 that JONES LISA HARRIS (Director) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Jul 27 ’23 and was made at $3.77 per share for $0.19 million. Following the transaction, the insider now directly holds 70000.0 shares of the ILPT stock.
Still, SEC filings show that on Jul 27 ’23, Morea Joseph (Director) acquired 20,000 shares at an average price of $3.68 for $73654.0. The insider now directly holds 40,000 shares of Industrial Logistics Properties Trust (ILPT).
