Columbia Property Trust, Inc. stock performance trend indicates that the stock price has rallied 5.69% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -1.3% . Looking at the past 52 week period, the stock price is up at 1.8% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Columbia Property Trust, Inc. has a negative value of -0.22 compared to overall market performance.Columbia Property Trust, Inc. is having a Relative Strength Index of 46.06 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Columbia Property Trust, Inc. (NYSE:CXP) rallied by 1.84% during the past week but lost 3.79% on a 4-week basis. The company has outperformed the S&P 500 by 1.6% in the past week but underperformed the index by 4.88% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Columbia Property Trust, Inc. (NYSE:CXP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.03 points or 0.14% at $22.1 with 1,282,337 shares getting traded. Post opening the session at $22.04, the shares hit an intraday low of $22 and an intraday high of $22.34 and the price was in this range throughout the day. The company has a market cap of $2,706 million and the number of outstanding shares has been calculated to be 122,455,763 shares. The 52-week high of Columbia Property Trust, Inc. (NYSE:CXP) is $24.63 and the 52-week low is $20.16.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Columbia Property Trust Inc was Upgraded by Goldman to Neutral on Feb 22, 2017. Columbia Property Trust Inc was Upgraded by Oppenheimer to Outperform on Jan 24, 2017. Columbia Property Trust Inc was Downgraded by JMP Securities to Mkt Perform on Jan 9, 2017. Columbia Property Trust Inc was Initiated by SunTrust on Dec 22, 2016 to Hold, Price Target of the shares are set at $21.
Company has reported several Insider transactions to the SEC, on Aug 24, 2015, John L. Dixon (director) purchased 2,000 shares at 21.96 per share price.
Columbia Property Trust Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.37 EPS for the quarter. Analyst had a consensus estimate of $0.37. The company had revenue of $105.77 million for the quarter, compared to analysts expectations of $110.25 million. The companys revenue was down -20.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.
Columbia Property Trust, Inc. operates as a real estate investment trust. It focuses on the acquisition, development, ownership, leasing and operation of office properties in primary U.S. markets. Columbia Property Trust, Inc. is headquartered in Atlanta, GA.