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

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Office Properties Income Trust in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Office Properties Income Trust Stock Performance

The firm’s 50 day moving average is $1.94 and its 200 day moving average 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.