Office Properties Income Trust (NASDAQ: OPI) is -73.99% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $3.02 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 $0.23 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.26, the stock is 25.79% and -5.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 14.49% at the moment leaves the stock -75.37% off its SMA200. OPI registered -88.39% loss for a year compared to 6-month loss of -80.45%.
The stock witnessed a 24.11% gain in the last 1 month and extending the period to 3 months gives it a -61.21%, and is 28.40% 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 9.46% over the week and 6.01% over the month.
Profit margin for the company is -37.21%. Distance from 52-week low is 48.57% and -91.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.12%).
The shares outstanding are 70.06M, and float is at 69.57M with Short Float at 6.09%.
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 9.8898 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 4.6265 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.24 million shares representing 4.603 and valued at over $4.57 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.7222 of the shares totaling 1.81 million with a market value of $3.69 million.
