COPT Defense Properties (NYSE:CDP) shares, rose in value on Friday, May 09, with the stock price up by 0.90% to the previous day’s close as strong demand from buyers drove the stock to $26.78.
Actively observing the price movement in the last trading, the stock closed the session at $26.54. The PE ratio was 21.55 over 12-month period. Referring to stock’s 52-week performance, its high was $34.22, and the low was $23.47. On the whole, CDP has fluctuated by 4.24% over the past month.
With the market capitalization of COPT Defense Properties currently standing at about $6.04 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.19, with its dividend yield at 4.44%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CDP’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.77, with the price of CDP currently trading nearly 1.83% and 0.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.30, while the 7-day volatility ratio is showing 1.68% which for the 30-day chart, stands at 2.35%. Furthermore, COPT Defense Properties (CDP)’s beta value is 0.90, and its average true range (ATR) is 0.65.
A comparison of COPT Defense Properties (CDP) with its peers suggests the former has fared considerably weaker in the market. CDP showed an intraday change of 0.90% in last session, and over the past year, it grew by 8.03%%.
Data on historical trading for COPT Defense Properties (NYSE:CDP) indicates that the trading volumes over the past 3 months, they’ve averaged 1.09 million. According to company’s latest data on outstanding shares, there are 112.88 million shares outstanding.
Nearly 0.40% of COPT Defense Properties’s shares belong to company insiders and institutional investors own 105.64% of the company’s shares. The stock has fallen by -13.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CDP stock heading into the next quarter.
