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 -1.13% 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 -2.3% relative to the S&P 500. The 4-week change in the price of the stock is -1.66% and the stock has fallen -2.14% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.13% and the 50-Day Moving Average is 0.6%.The 200 Day SMA reached 10.81%
Corporate Office Properties Trust (NYSE:OFC): The stock opened in the green at $28.79 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $28.85 and a low of $28.19 for the day. The stock did not find buyers even at the lows and closed at $28.35 recording a loss of -0.84%. 801,065 shares exchanged hands during the trading day. The stock had closed at $28.35 in the previous days trading.
Corporate Office Properties Trust (OFC) : The most positive equity analysts on Corporate Office Properties Trust (OFC) expects the shares to touch $34, whereas, the least positive believes that the stock will trade at $27 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $30.89 with an expected fluctuation of $2.03 from the mean.
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.