Where Will Piedmont Office Realty Trust, Inc. (PDM) Stock Go Next After It Is Down 3.09% in a Week?

Overall market sentiment has been down on Piedmont Office Realty Trust, Inc. (PDM) stock lately. PDM receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Piedmont Office Realty Trust, Inc. has a Bearish 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?

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. 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 has risen 2.6% while the S&P 500 is down -0.04% as of 12:14 PM on Monday, Oct 9. PDM has gained $0.13 from the previous closing price of $5.19 on volume of 231,757 shares. Over the past year the S&P 500 has risen 19.22% while PDM is down -44.48%. PDM earned $0.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.7. To screen for more stocks like Piedmont Office Realty Trust, Inc. click here.

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.