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Industrial Logistics Properties Trust (ILPT) Catches Eye: Stock Jumps 5.3%

Zacks Equity Research

Industrial Logistics Properties Trust ILPT was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.88 to $21.64 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Industrial Logistics Properties Trust currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Industrial Logistics Properties Trust Price

Industrial Logistics Properties Trust Price

Industrial Logistics Properties Trust price | Industrial Logistics Properties Trust Quote

Investors interested in the REIT and Equity Trust – Other industry may consider Gaming and Leisure Properties, Inc. GLPI, which has a Zacks Rank 1# (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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