Office Properties Income Trust (NASDAQ:OPI) does about 994.47K shares in volume on a normal day but saw 3332986 shares change hands in the recent trading day. The company now has a market cap of 13.68M USD. Its current market price is $0.19, marking a decrease of -8.10% compared to the previous close of $0.21. The 52 week high reached by this stock is $3.02 whilst the lowest price level in 52 weeks is $0.17.
The consensus objective for the share price is $0.75, suggesting that the stock has a potential upside of 74.67% over the period.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Sell the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 07, 2023 when RBC Capital Mkts downgraded the stock to “Underperform” and issued a price target of between $16 and $14.
The current price level is -19.44%, -44.14%, and -83.78% away from its SMA20, SMA50, and SMA200 respectively, with the OPI price moving above the 50-day SMA on current market day. Office Properties Income Trust (OPI) stock is down -3.50% over the week and -52.93% over the past month. Its price is -80.70% year-to-date and -91.15% over the past year.
To reach the target analysts have set, the stock logically needs to grow 74.67 percent from here.
Outstanding shares total 70.06M with insiders holding 1.74% of the shares and institutional holders owning 41.37% of the company’s common stock. The company has a return on investment of -5.12% and return on equity of -15.03%. The beta has a value of 1.47. Price to book ratio is 0.01 and price to sales ratio is 0.03.
