The market has been down on Office Properties Income Trust (OPI) stock recently. OPI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Office Properties Income Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on OPI!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With OPI Stock Today?
Office Properties Income Trust (OPI) stock is trading at $14.47 as of 2:46 PM on Monday, Sep 26, a loss of -$1.35, or -8.53% from the previous closing price of $15.82. The stock has traded between $14.40 and $15.62 so far today. Volume today is 303,957 compared to average volume of 272,068.
To see InvestorsObserver's Sentiment Score for Office Properties Income Trust click here.
More About Office Properties Income Trust
Office Properties Income Trust is a United States-based real estate investment trust. Its property portfolio is mainly composed of single-tenant office buildings, as well as multitenant properties, which are leased to parties of high credit quality characteristics. Its largest tenant is the U.S. government, followed by other smaller government entities and corporations. The company's properties are spread across the United States.
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