Opendoor Technologies Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.41 on 08/01/23, while the lowest price for the same period was registered at $1.68 on 06/26/24.
52-week price history of OPEN Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Opendoor Technologies Inc’s current trading price is -67.47% away from its 52-week high, while its distance from the 52-week low is 4.76%. The stock’s price range during the 52-week period has remained between $1.68 and $5.41. In the Real Estate sector, the company’s shares saw a trading volume of around 11.94 million for the day, which was evidently lower than the average daily volume of 14.98 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Opendoor Technologies Inc (OPEN) has experienced a quarterly decline of -36.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.22B and boasts a workforce of 1982 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 2.4629, with a change in price of -1.7500. Similarly, Opendoor Technologies Inc recorded 16,706,869 in trading volume during the last 100 days, posting a change of -49.86%.
Examining OPEN’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 OPEN stands at 2.71. Similarly, the long-term debt-to-equity ratio is also 2.70.
OPEN Stock Stochastic Average
Opendoor Technologies Inc’s raw stochastic average for the past 50 days is presently 7.41%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 9.33%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.43% and 12.30%, respectively.
OPEN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -60.71% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -56.33%. Over the past 30 days, the price of OPEN has leaped by -18.52%. And in the last five days, it has fallen by -6.38%.