Opendoor Technologies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $4.89 on 12/14/23 and a low of $1.58 for the same time frame on 08/12/24.
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 -60.53% away from its 52-week high, while its distance from the 52-week low is 22.15%. The stock’s price range during the 52-week period has remained between $1.58 and $4.89. In the Real Estate sector, the company’s shares saw a trading volume of around 29.66 million for the day, which was evidently lower than the average daily volume of 32.93 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 -33.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.36B 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 2.0637, with a change in price of -0.3200. Similarly, Opendoor Technologies Inc recorded 26,450,574 in trading volume during the last 100 days, posting a change of -14.22%.
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 2.90. Similarly, the long-term debt-to-equity ratio is also 2.53.
OPEN Stock Stochastic Average
As of today, Opendoor Technologies Inc’s raw stochastic average for the last 50 days stands at 36.08%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 30.56%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 19.40% and 12.90%, respectively.
OPEN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -56.92%. However, over the past six months, we’ve seen a stronger performance of -11.87%. The price of OPEN leaped by -14.98% over the last 30 days. And in the last five days, it has surged by 4.89%.
