ILPT Stock Summary and Trading Ideas (Industrial Logistics Properties Trust - Common Shares Of Beneficial Interest | NASDAQ:ILPT)

Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States. The company's investment portfolio includes industrial lands in Hawaii and industrial and logistics properties in other states. Rental revenue is earned from Hawaii Properties and Mainland Properties.

Industrial Logistics Properties Trust - Common Shares Of Beneficial Interest trades on the NASDAQ stock market under the symbol ILPT.

As of April 19, 2024, ILPT stock price climbed to $3.66 with 318,914 million shares trading.

ILPT has a beta of 2.69, meaning it tends to be more sensitive to market movements. ILPT has a correlation of 0.18 to the broad based SPY ETF.

ILPT has a market cap of $240.99 million. This is considered a Small Cap stock.

In the last 3 years, ILPT stock traded as high as $28.66 and as low as $1.65.

The top ETF exchange traded funds that ILPT belongs to (by Net Assets): VNQ, VTI, FNDA, VXF, SCHA.

ILPT has outperformed the market in the last year with a price return of +83.7% while the SPY ETF gained +21.2%. However, in the short term, ILPT had mixed performance relative to the market. It has underperformed in the last 3 months, returning -6.6% vs +3.0% return in SPY. But in the last 2 weeks, ILPT shares have fared better than the market returning -3.4% compared to SPY -4.5%.

ILPT support price is $3.47 and resistance is $3.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ILPT stock will trade within this expected range on the day.