Let’s start up with the current stock price of Opendoor Technologies Inc. (OPEN), which is $16.77 to be very precise. The Stock rose vividly during the last session to $18.70 after opening rate of $18.70 while the lowest price it went was recorded $16.50 before closing at $18.70.
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 -57.26% during the 52-week period from high price, and 58.96% 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 12974878 for the day, which was evidently higher, 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 -26.22%, having the revenues showcasing -38.57% 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 9.22B, as it employees total of 1048 workers.
Market experts do have their say about Opendoor Technologies Inc. (OPEN)
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 25.21, with a change in the price was noted -12.71. In a similar fashion, Opendoor Technologies Inc. posted a movement of -43.11% for the period of last 100 days, recording 9,897,521 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.
Technical breakdown of Opendoor Technologies Inc. (OPEN)
Raw Stochastic average of Opendoor Technologies Inc. in the period of last 50 days is set at 5.38%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 13.01%. In the last 20 days, the company’s Stochastic %K was 27.65% and its Stochastic %D was recorded 35.72%.
Bearing in mind the latest performance of Opendoor Technologies Inc., several 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 -26.22%. The shares increased approximately by -14.40% in the 7-day charts and went up by -18.24% in the period of the last 30 days. Common stock shares were lifted by -38.57% during last recorded quarter.