Let’s start up with the current stock price of Opendoor Technologies Inc. (OPEN), which is $20.81 to be very precise. The Stock rose vividly during the last session to $20.47 after opening rate of $19.91 while the lowest price it went was recorded $19.55 before closing at $20.35.Recently in News on September 23, 2021, Access Technology Ventures’ Position in Opendoor Tops $1 Billion. Access increases ownership by $300 million to become the largest shareholder of leading digital platform for residential real estate. You can read further details here
Opendoor Technologies Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $39.24 on 02/11/21, with the lowest value was $13.44 for the same time period, recorded on 05/13/21.
Opendoor Technologies Inc. (OPEN) full year performance was 28.07%
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 -46.98% during the 52-week period from high price, and 54.80% 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 $13.44 and $39.24.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 2961423 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 -10.47%, having the revenues showcasing 18.94% 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 12.09B, as it employees total of 1048 workers.
The Analysts eye on 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, 3 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 16.49, with a change in the price was noted +1.84. In a similar fashion, Opendoor Technologies Inc. posted a movement of +9.74% for the period of last 100 days, recording 11,724,924 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 0.95 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.25.
Technical rundown of Opendoor Technologies Inc. (OPEN)
Raw Stochastic average of Opendoor Technologies Inc. in the period of last 50 days is set at 97.97%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 96.51%. In the last 20 days, the company’s Stochastic %K was 97.54% and its Stochastic %D was recorded 93.44%.
Considering, the past performance 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 -10.47%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -7.84%, alongside a boost of 28.07% for the period of the last 12 months. The shares increased approximately by 11.02% in the 7-day charts and went down by 17.77% in the period of the last 30 days. Common stock shares were driven by 18.94% during last recorded quarter.