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Orion Office REIT Inc.’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

At present, Orion Office REIT Inc. (ONL) has a stock price of $5.45. In the previous session, the stock saw a rise, peaking at $5.53 after an opening price of $5.33. The day’s lowest price was $5.33, and it closed at $5.55.

Orion Office REIT Inc.’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $10.26 on 09/16/22 and a low of $5.11 for the same time frame on 09/05/23.

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52-week price history of ONL Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Orion Office REIT Inc.’s current trading price is -46.88% away from its 52-week high, while its distance from the 52-week low is 6.76%. The stock’s price range during this period has spanned from $5.11 to $10.26. In the Real Estate sector, the Orion Office REIT Inc.’s shares surpassed a trading volume of approximately 15.54 million for the day, which was noticeably higher compared to the average daily volume of 9.0.59 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Orion Office REIT Inc. (ONL) has experienced a quarterly decline of -16.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 314.68M and boasts a workforce of 35 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 6.18, with a change in price of -0.89. Similarly, Orion Office REIT Inc. recorded 686,638 in trading volume during the last 100 days, posting a change of -14.04%.

Examining ONL’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ONL stands at 0.56. Similarly, the long-term debt-to-equity ratio is also 0.56.

ONL Stock Stochastic Average

Today’s raw stochastic average for Orion Office REIT Inc. over the last 50 days is 17.56%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 32.09%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.49% and 31.04%, respectively.

ONL Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -36.18%.However, over the last six months, we can see a stronger performance of -14.31%. Over the last 30 days, the price of ONL has leaped by -12.10%. And in the last five days, it has fallen by -0.73%.

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