Corporate Office Properties Trust (OFC) : During the past 4 weeks, traders have been relatively bearish on Corporate Office Properties Trust (OFC), hence the stock is down -3.01% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.07% relative to the S&P 500. The 4-week change in the price of the stock is -4.97% and the stock has fallen -2.55% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.69% and the 50-Day Moving Average is 6.45%.The 200 Day SMA reached 6.51% Corporate Office Properties Trust has dropped 0.27% during the last 3-month period . Year-to-Date the stock performance stands at 26.84%.
Corporate Office Properties Trust (OFC) stock is expected to deviate a maximum of $2.03 from the average target price of $30.89 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $34 and the most muted being $27.
For the current week, the company shares have a recommendation consensus of Buy. Corporate Office Properties Trust (NYSE:OFC): stock was range-bound between the intraday low of $27.03 and the intraday high of $27.3 after having opened at $27.21 on Fridays session. The stock finally closed in the red at $27.21, a loss of -0.80%. The stock remained in the red for the whole trading day. The total traded volume was 1,079,194 shares. The stock failed to cross $27.3 in Fridays trading. The stocks closing price on Thursday was $27.13.
Corporate Office Properties Trust (COPT) is an integrated self-managed real estate investment trust (REIT). Corporate Office Properties, L.P. (COPLP) and subsidiaries (collectively the Operating Partnership) is the entity through which COPT, the sole general partner of COPLP, conducts all of its operations and owns almost all of its assets. The Company has 10 reportable operating office property segments (comprising the Baltimore/Washington Corridor; Northern Virginia; San Antonio; Huntsville; Washington, DC – Capitol Riverfront; St. Marys and King George Counties; Greater Baltimore; Greater Philadelphia; Colorado Springs; and Other). It also has an operating wholesale data center segment. The Company operates in two industries: commercial office properties and wholesale data center. The Company acquires, develop, manage and lease office, and data center properties concentrated in office parks located in the Greater Washington, DC/Baltimore region.