Columbia Property Trust Inc. (CXP) loses -4.66% on Wednesday’s trading session. What does it mean for investors?

Columbia Property Trust Inc. (NYSE:CXP) went down by -4.66% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the REIT – Office giant went up by $13.09 to trade ended Wednesday trading at $13.73. This is down from the $13.73 price recorded on Tuesday’s trading session. Thanks to this latest performance, CXP is closer to the higher price 52-week target of $19.00 and further from the lowest price target of $13.50. Its performance from the start of the year has also been negative, with CXP down by -37.40% year-to-date.

Columbia Property Trust Inc. (CXP) started the day trading at $13.5 and recorded an intraday high of $13.74. It also recorded an intraday low of $12.81 during Wednesday’s trading session. Columbia Property Trust Inc. is a very active stock that recorded a trading volume that is more than 7.53% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 1189576, which is more than 7.53 of the total average daily trading volume of 1.10 million.

Columbia Property Trust Inc. (NYSE:CXP) 2020 Performance Impressive

The increase in CXP’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CXP currently stands at $22.71, which is higher than the current trading price of the stock by 42.36%. However, CXP’s current trading price is -71.56% lower than the 52-week low price of $7.63. In terms of trading volume, Columbia Property Trust Inc. currently experienced healthy participation during the last trading session. 1189576 shares of Columbia Property Trust Inc. were traded on the stock exchange on Wednesday, which is more than 7.53% of the 1.10 million average trading volume of the stock.

The performance of the stock has been positive over the past year. CXP’s performance over the past one year has seen it plunge by -38.11%, while the stock has gone down by -36.27% in the last six months. The quarterly performance of CXP currently stands at 23.72%, and it is up by 1.55% in the last month. The only negative figure was from the weekly performance, which currently reads -6.03%. At the time of writing CXP’s report, the company has a total market cap of $1.53B, making it one of the largest publicly-traded companies in the world.Columbia Property Trust Inc. also has over 93 employees all over the world.

CXP Insider Activities

For Columbia Property Trust Inc., insiders hold 82.40% of all company shares. The insider transactions over the past six months are up by 44.60%. During that period, insiders bought 309,362 shares in 25 transactions. In that same period, insiders sold 72,145 of their shares in 12 transactions. After these transactions, insiders at Columbia Property Trust Inc. now hold 1.02M shares, which is over 86.45% of the total company stocks. Institutional investors currently hold a large chunk of the CXP shares, as they control 0.89% of the company’s total stock.

CXP Fundamental Analysis

For Columbia Property Trust Inc., the stock’s diluted earnings per share (EPS) stands at 0.10. In the coming year, analysts expect the EPS to be 0.16. The stock’s EPS growth this year is -1.80%, -36.80% in the previous five years. In terms of revenue, Columbia Property Trust Inc.’s quarterly sales (YOY) is growing at 0.03, which is higher than the average annual revenue of -36.80% over the past half a decade.

The Return on Investment (ROI) on Columbia Property Trust Inc.’s stock currently stands at 0.00%, and it has a net profit margin of 4.00%. The operating margin of the company is -4.90%, and its gross margin is 66.30%.

CXP Analysts Prediction

In April 02, 2020, several analysts reiterated their positions on the Columbia Property Trust Inc. stock and predicted its performance to their investors. The analysts at Goldman believe CXP is still a Buy and set the price target between $24 and $16. BMO Capital Markets reiterate their Market Perform position on the stock ($23 and $22)

Wunderlich and Wunderlich also believe that Columbia Property Trust Inc.’s stock is outperforming at the moment.

At the moment, Columbia Property Trust Inc.’s Total Debt to Equity ratio stands at 0.64, and they have a long-term Debt to Equity ratio of 0.64.

CXP Technical Analysis

The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CXP currently stands at -7.46%, while the SMA50 is -1.59%. The biggest one is the SMA200, which is currently reading -26.93% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 44.88, while its price to earnings ratio (P/E) is 134.95.