Corporate Office Properties Trust (OFC) Shares are Up 2.78%

Corporate Office Properties Trust (OFC) has been under a strong bear grip, hence the stock is down -1.78% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.85% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.78% in the last 1 week, and is up 1.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 2.09% and the 50-Day Moving Average is 7%. Corporate Office Properties Trust is up 17.81% in the last 3-month period. Year-to-Date the stock performance stands at 40.08%.


Corporate Office Properties Trust (NYSE:OFC): stock turned positive on Friday. Though the stock opened at $29.63, the bulls momentum made the stock top out at $30.55 level for the day. The stock recorded a low of $29.63 and closed the trading day at $29.96, in the green by 1.11%. The total traded volume for the day was 1,061,441. The stock had closed at $29.63 in the previous days trading.

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.

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