In last trading session, Net Lease Office Properties (NYSE:NLOP) saw 0.32 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $24.91 trading at $1.1 or 4.62% at ring of the bell on the day assigns it a market valuation of $355.22M. That closing price of NLOP’s stock is at a discount of -100.72% from its 52-week high price of $50.00 and is indicating a premium of 61.86% from its 52-week low price of $9.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.18 million shares which gives us an average trading volume of 287.70K if we extend that period to 3-months.
Net Lease Office Properties (NYSE:NLOP) trade information
Upright in the green during last session for gaining 4.62%, in the last five days NLOP remained trading in the green while hitting it’s week-highest on Friday, 02/09/24 when the stock touched $24.91 price level, adding 1.54% to its value on the day. Net Lease Office Properties’s shares saw a change of 34.79% in year-to-date performance and have moved 1.05% in past 5-day. Net Lease Office Properties (NYSE:NLOP) showed a performance of 43.16% in past 30-days. Number of shares sold short was 0.37 million shares which calculate 1.46 days to cover the short interests.
Net Lease Office Properties is more likely to be releasing its next quarterly report in March and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Net Lease Office Properties (NYSE:NLOP)’s Major holders
Insiders are in possession of 0.22% of company’s total shares while institution are holding 23.11 percent of that, with stock having share float percentage of 23.16%. Investors also watch the number of corporate investors in a company very closely, which is 23.11% institutions for Net Lease Office Properties that are currently holding shares of the company.