Open Lending Corp’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

At present, Open Lending Corp (LPRO) has a stock price of $6.07. In the previous session, the stock saw a rise, peaking at $6.00 after an opening price of $5.91. The day’s lowest price was $5.88, and it closed at $5.93.

Open Lending Corp ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $11.99 on 05/10/23, while the lowest value for the same period was recorded at $4.89 on 11/08/23.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.


52-week price history of LPRO Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Open Lending Corp’s current trading price is -49.37% away from its 52-week high, while its distance from the 52-week low is 24.13%. The stock’s price range during this period has spanned from $4.89 to $11.99. In the Financial sector, the Open Lending Corp’s shares surpassed a trading volume of approximately 2.54 million for the day, which was noticeably higher compared to the average daily volume of 9.0.58 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Open Lending Corp (LPRO) has experienced a quarterly decline of -28.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 726.88M and boasts a workforce of 180 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.12, with a change in price of -4.53. Similarly, Open Lending Corp recorded 599,496 in trading volume during the last 100 days, posting a change of -43.10%.

Examining LPRO’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LPRO stands at 0.69. Similarly, the long-term debt-to-equity ratio is also 0.67.

LPRO Stock Stochastic Average

Today’s raw stochastic average for Open Lending Corp over the last 50 days is 33.13%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 62.29%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 60.00% and 60.32%, respectively.

LPRO Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -10.07%.However, over the last six months, we can see a stronger performance of -37.62%. Over the last 30 days, the price of LPRO has leaped by -4.41%. And in the last five days, it has surged by 1.68%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts