Office Properties Income Trust (NASDAQ: OPI) is -78.69% lower on its value in year-to-date trading and has touched a low of $1.05 and a high of $7.53 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 OPI stock was last observed hovering at around $1.72 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $1.56, the stock is 15.60% and -11.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -9.30% at the moment leaves the stock -27.71% off its SMA200. OPI registered -71.53% loss for a year compared to 6-month loss of -30.36%. The firm has a 50-day simple moving average (SMA 50) of $1.763 and a 200-day simple moving average (SMA200) of $2.15815.
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The stock witnessed a -17.02% gain in the last 1 month and extending the period to 3 months gives it a -30.36%, and is 39.29% 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 21.32% over the week and 12.07% over the month.
Profit margin for the company is -4.85%. Distance from 52-week low is 47.87% and -79.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.54%).
The EPS is expected to shrink by -24.55% this year
158.0 institutions hold shares in Office Properties Income Trust (OPI), with institutional investors hold 48.84% of the company’s shares. The shares outstanding are 55.78M, and float is at 54.44M with Short Float at 9.61%. Institutions hold 47.72% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.81 million shares valued at $9.81 million. The investor’s holdings represent 9.9269 of the OPI Shares outstanding. As of 2024-06-30, the second largest holder is CASTLEKNIGHT MANAGEMENT LP with 2.25 million shares valued at $4.59 million to account for 4.6439 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.24 million shares representing 4.6203 and valued at over $4.57 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.7362 of the shares totaling 1.81 million with a market value of $3.69 million.
