What is the Market's View on Piedmont Office Realty Trust, Inc. (PDM) Stock's Price and Volume Trends Monday?

The market has been high on Piedmont Office Realty Trust, Inc. (PDM) stock recently. PDM gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Piedmont Office Realty Trust, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PDM!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PDM Stock Today?

Piedmont Office Realty Trust, Inc. (PDM) stock is trading at $6.73 as of 1:36 PM on Monday, Mar 25, a rise of $0.13, or 2.05% from the previous closing price of $6.59. The stock has traded between $6.62 and $6.78 so far today. Volume today is light. So far 227,383 shares have traded compared to average volume of 919,309 shares.

More About Piedmont Office Realty Trust, Inc.

Piedmont Office Realty Trust Inc is a real estate investment trust engaged in the acquisition, development, and management of commercial real estate properties throughout the U.S. The company's real estate portfolio is primarily composed of office properties located in major American metropolitan areas. Piedmont derives most of its revenue in the form of rental income from tenants in mid- to long-term lease agreements. The vast majority of the company's revenue comes from the leasing of its assets in Washington D.C., New York City, Chicago, Atlanta, Minneapolis, Dallas, and Boston. Piedmont's largest customers in terms of rental revenue are U.S. Government entities, business services companies, and financial institutions. Click Here to get the full Stock Report for Piedmont Office Realty Trust, Inc. stock.