Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Opendoor Technologies Inc’s current trading price is -63.19% away from its 52-week high, while its distance from the 52-week low is 13.92%. The stock’s price range over this period has fluctuated between $1.58 and $4.89. The company, operating within the financial sector, had a trading volume of approximately 8.41 million for the day, which was noticeably lower than the average daily share volume of 31.74 million over the last 3 months.
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.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Opendoor Technologies Inc (OPEN) has experienced a quarterly decline of -27.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.27B and boasts a workforce of 1982 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.0347, with a change in price of -0.3650. Similarly, Opendoor Technologies Inc recorded 27,169,373 in trading volume during the last 100 days, posting a change of -16.90%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its 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
Today’s raw stochastic average for Opendoor Technologies Inc over the last 50 days is 12.21%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 25.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 16.33% and 15.02%, respectively.
OPEN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -59.82% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -15.89%. Over the past 30 days, the price of OPEN has leaped by -13.88%. And in the last five days, it has fallen by -3.23%.
