Finance

Which Company’s Stock is more Profitable? Piedmont Office Realty Trust, Inc. (NYSE:PDM)

Piedmont Office Realty Trust, Inc. (NYSE:PDM), ended its previous trading session at $22.14 showing a gain of 0.260000000000002 or 1.19 percent with respect to the price of $21.88 when stock market opened. The company traded 728740 shares over the course of the trading day. Giving the average volume of 634.95 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 127.37 Million.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) is currently trading lower than its price target which is set to $23.25 by the analyst. The stock is -1.95% Below its 1-Year High which is $22.58. PDM has a difference of 34.71% from its 1 year low which stands at $16.43. The company is currently rated by analyst who are keeping a close eye on the stock as 2.7. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 1.51 percent in the shares price. The company subtracted about -0.36% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 19.48 Percent. PDM currently shows 29.93% as its year to date performance.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Price Insight

The stock needs to grow about $1.11 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 1.33%, 4.15% and 7.34 percent respectively. The stock trades about 3.89 percent of its Float giving its total shares Outstanding are 127.37 Million. PDM gained about 7.16 percent in 6 months showing its Average True Range of 0.35. The company currently has a RSI and Beta of 58.4 and 0.68.

While talking about Piedmont Office Realty Trust, Inc. (NYSE:PDM) valuation ratios, the stock trades with a P/S and P/B of 5.26 and 1.66 which is significantly better and attractive as compared to its peers.