For the readers interested in the stock health of Opendoor Technologies Inc. (OPEN). It is currently valued at $19.59. When the transactions were called off in the previous session, Stock hit the highs of $20.55, after setting-off with the price of $20.31. Company’s stock value dipped to $19.23 during the trading on the day. When the trading was stopped its value was $20.27.
Recently in News on April 19, 2021, Opendoor to Report First Quarter 2021 Financial Results on May 11, 2021. Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading digital platform for residential real estate, today announced that it will report first quarter 2021 financial results for the period ended March 31, 2021, following the close of the market on Tuesday, May 11, 2021. On that day management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s business and financial results. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Opendoor Technologies Inc. shares are logging -50.08% during the 52-week period from high price, and 85.69% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $10.55 and $39.24.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 7085097 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Opendoor Technologies Inc. (OPEN) recorded performance in the market was -13.81%, having the revenues showcasing -25.37% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 11.62B, as it employees total of 1048 workers.
Opendoor Technologies Inc. (OPEN) in the eye of market guru’s
During the last month, 4 analysts gave the Opendoor Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 25.62, with a change in the price was noted -6.00. In a similar fashion, Opendoor Technologies Inc. posted a movement of -23.45% for the period of last 100 days, recording 9,678,776 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for OPEN is recording 0.30 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.08.
Opendoor Technologies Inc. (OPEN): Stocks Technical analysis and Trends
Raw Stochastic average of Opendoor Technologies Inc. in the period of last 50 days is set at 22.62%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 54.70%. In the last 20 days, the company’s Stochastic %K was 63.67% and its Stochastic %D was recorded 72.95%.
If we look into the earlier routines of Opendoor Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -13.81%. The shares increased approximately by -9.31% in the 7-day charts and went up by -9.93% in the period of the last 30 days. Common stock shares were lifted by -25.37% during last recorded quarter.