Office Properties Income Trust (NASDAQ:OPINL) Shares Down 2.6% – Should You Sell?

Office Properties Income Trust (NASDAQ:OPINL) shares dropped 2.6% during trading on Thursday . The stock traded as low as $1.65 and last traded at $1.88. Approximately 55,355 shares were traded during trading, an increase of 154% from the average daily volume of 21,784 shares. The stock had previously closed at $1.93.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Office Properties Income Trust in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Office Properties Income Trust Price Performance

The firm’s 50 day moving average price is $2.76 and its 200-day moving average price is $5.12.

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.