Office Properties Income Trust (NASDAQ:OPINL) Stock Price Up 7,883.9% – Here’s Why

Office Properties Income Trust (NASDAQ:OPINL)’s share price was up 7,883.9% during trading on Tuesday . The stock traded as high as $0.99 and last traded at $0.99. Approximately 11,015 shares changed hands during trading, a decline of 49% from the average daily volume of 21,784 shares. The stock had previously closed at $0.0124.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Office Properties Income Trust in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Office Properties Income Trust currently has an average rating of “Sell”.

Office Properties Income Trust Trading Up 7,883.9%

The business’s fifty day moving average price is $1.94 and its 200-day moving average price is $4.01.

About Office Properties Income Trust

Office Properties Income Trust (NASDAQ: OPINL) is a publicly traded real estate investment trust focused on acquiring, owning and managing office properties across the United States. The company seeks to generate stable, long-term cash flow by investing in a diversified portfolio of suburban and urban office assets. Its acquisitions strategy emphasizes single-tenant and multi-tenant buildings with strong credit profiles and favorable lease structures, including net-lease and modified gross leases.

Since its establishment, Office Properties Income Trust has pursued growth through both direct acquisitions and joint venture partnerships, targeting markets with resilient demand drivers such as technology, healthcare and professional services.