Corporate Office Properties Trusts in-depth stock price analysis indicates that the stock price has rallied 17.05% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 16.02% . Looking at the past 52 week period, the stock price is up at 57.63% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Corporate Office Properties Trust has a positive value of 18.98 compared to overall market. Corporate Office Properties Trust (NYSE:OFC) has climbed 2.97% in the past week and advanced 7.29% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.14% and the outperformance has advanced to 5.37% for the last 4 weeks period.
Corporate Office Properties Trust (NYSE:OFC) : On Friday heightened volatility was witnessed in Corporate Office Properties Trust (NYSE:OFC) which led to swings in the share price. The stock opened for trading at $32.28 and hit $33 on the upside , eventually ending the session at $32.96, with a gain of 2.11% or 0.68 points. The heightened volatility saw the trading volume jump to 1,242,785 shares. The 52-week high of the share price is $33 and the company has a market cap of $3,123 million. The 52-week low of the share price is at $20.42 .
Corporate Office Properties Trust Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.51 EPS for the quarter. Analyst had a consensus estimate of $0.51. The company had revenue of $141.99 million for the quarter, compared to analysts expectations of $154.12 million. The companys revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.52 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Corporate Office Properties Trust was Downgraded by SunTrust to Hold on Jan 20, 2017.
Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Steven D Kesler (director) sold 4,000 shares at 27.72 per share price.On Aug 29, 2016, David M Jacobstein (director) sold 1,924 shares at 28.36 per share price.On Aug 4, 2016, Robert L Denton (director) sold 2,000 shares at 29.49 per share price.
Corporate Office Properties Trust is a fully-integrated and self-managed real estate investment trust that focuses principally on the ownership, management, leasing, acquisition and development of suburban office buildings located in select submarkets in the Mid-Atlantic region of the United States. Corporate Office Properties operates three real estate service companies: Corporate Development Services, Corporate Office Services and Corporate Management Services.