As of Friday close, Office Properties Income Trust’s (NASDAQ:OPI) stock was down -$0.11, moving down -2.11 percent to $5.11. The average number of shares traded per day over the past five days has been 1,607,700 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.94 fall in that time frame. In the last twenty days, the average volume was 1,980,270, while in the previous 50 days, it was 1,203,372.
Since last month, OPI stock retreated -28.23%. Shares of the company fell to $5.10 on 09/22/23, the lowest level in the past month. A 52-week high of $18.10 was reached on 02/16/23 after having rallying from a 52-week low of $5.17. Since the beginning of this year, OPI’s stock price has dropped by -61.72% or -$8.24, and marked a new high 11 times. However, the stock has declined by -71.77% since its 52-week high.
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Valuation Metrics
Right now, Office Properties Income Trust (OPI) has a P/E ratio of about 23.12. The stock’s beta is 1.23. Besides these, the trailing price-to-sales (P/S) ratio of 0.48, the price-to-book (PB) ratio of 0.18.
The latest dividend of $0.25 per share was paid out, remained unchanged from last year’s $0.25. On Thursday April 13 2023, a $0.30 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.90, and the total debt-to-equity ratio was 1.90. On the profitability front, the trailing twelve-month gross margin is 69.00% percent. In the year ended June 29, operating margins totaled 17.70%. Based on annual data, OPI earned $89.25 million in gross profit and brought in $554.27 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.30%. Return on equity (ROE) for the past 12 months was 0.80%.
In Office Properties Income Trust’s quarter-end financial report for June 29, it reported total debt of $106.37 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. OPI’s revenue fell -403.9% to $2.55 million during the quarter, while net income inched up to -$2.31 million. While analysts expected Office Properties Income Trust to report -$0.03 quarterly earnings, the actual figure was -$0.25 per share, beating the consensus estimate by -733.30%. During the quarter, the company generated $71.33 million in EBITDA. The value of shareholders’ equity is $48.59 million.
Technical Picture
This quick technical analysis looks at Office Properties Income Trust’s (OPI) price momentum. With a historical volatility rate of 55.21%, the RSI 9-day stood at 21.60% on 22 September.
With respect to its five-day moving average, the current Office Properties Income Trust price is down by -15.54% percent or -$0.94. At present, OPI shares trade -27.93% below its 20-day simple moving average and -17.58% percent below its 100-day simple moving average. However, the stock is currently trading approximately -37.22% below its SMA50 and -64.42% below its SMA200.
Stochastic coefficient K was 3.15% and Stochastic coefficient D was 6.51%, while ATR was 0.34. Given the Stochastic reading of 0.46% for the 14-day period, the RSI (14) reading has been calculated as 26.75%. As of today, the MACD Oscillator reading stands at -0.39, while the 14-day reading stands at -0.52.
