While this happened, RBC Capital Mkts downgraded its Office Properties Income Trust [OPI] rating to an Underperform from a a Sector perform in a research note published on March 07, 2023; the price target was decreased to $14 from $16. Morgan Stanley also remained covering OPI and has decreased its forecast on December 13, 2019 with a “an Underweight” recommendation from previously “an Overweight” rating. RBC Capital Mkts revised its rating on June 28, 2019. It rated OPI as “a Sector perform” which previously was an “an Underperform”.
Price Performance Review of OPI
On Tuesday, Office Properties Income Trust [NASDAQ:OPI] saw its stock fall -10.27% to $0.28. Over the last five days, the stock has lost -26.47%. Office Properties Income Trust shares have fallen nearly -71.76% since the year began. Nevertheless, the stocks have fallen -88.97% over the past one year. While a 52-week high of $3.02 was reached on 02/06/25, a 52-week low of $0.30 was recorded on 05/06/25. SMA at 50 days reached $0.5581, while 200 days put it at $1.3800.
Levels Of Support And Resistance For OPI Stock
The 24-hour chart illustrates a support level at 0.2698, which if violated will result in even more drops to 0.2572. On the upside, there is a resistance level at 0.3063. A further resistance level may holdings at 0.3302. The Relative Strength Index (RSI) on the 14-day chart is 30.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0476, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.21%. Stochastics %K at 9.32% indicates the stock is a buying.
