logo

Opendoor Technologies Inc Inc. (OPEN) Price Performance and Its Relation to the Tech Industry

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -56.58% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -8.69%. Over the past 30 days, the price of OPEN has fallen by 9.89%. And in the last five days, it has surged by 17.17%.

In terms of market performance, Opendoor Technologies Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $4.89 on 12/14/23, while the lowest value was $1.52 on 11/19/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

52-week price history of OPEN Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Opendoor Technologies Inc’s current trading price is -60.22% away from its 52-week high, while its distance from the 52-week low is 27.96%. The stock’s price range for this period has been between $1.52 and $4.89. The Real Estate sector company’s shares saw a trading volume of about 47.97 million for the day, which was higher than the average daily volume of 34.96 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Opendoor Technologies Inc (OPEN) has experienced a quarterly decline of -22.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.39B and boasts a workforce of 1982 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9959, with a change in price of +0.1400. Similarly, Opendoor Technologies Inc recorded 31,717,154 in trading volume during the last 100 days, posting a change of +7.78%.

OPEN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for OPEN stands at 3.16. Similarly, the long-term debt-to-equity ratio is also 2.36.

OPEN Stock Stochastic Average

As of today, the raw stochastic average of Opendoor Technologies Inc over the past 50 days is 44.21%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 84.00%. Additionally, the Stochastic %K and %D values for the company were 47.33% and 29.21%, respectively, over the past 20 days.

Most Popular