The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -8.54%.However, over the last six months, we can see a weaker performance of 0.37%. Over the last 30 days, the price of LPRO has leaped by -6.83%. And in the last five days, it has fallen by -8.54%.
Open Lending Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.43 on 02/15/24 and the lowest value was $4.57 on 04/19/24.
52-week price history of LPRO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Open Lending Corp’s current trading price is -35.19% away from its 52-week high, while its distance from the 52-week low is 19.47%. The stock’s price range during this period has varied between$4.57 and $8.43. The Open Lending Corp’s shares, which operate in the Financial, saw a trading volume of around 0.25 million for the day, a figure considerably lower than their average daily volume of 0.33 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Open Lending Corp (LPRO) has experienced a quarterly decline of -5.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 651.65M and boasts a workforce of 210 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.89, with a change in price of +0.10. Similarly, Open Lending Corp recorded 324,311 in trading volume during the last 100 days, posting a change of +1.87%.
LPRO’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LPRO stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.62.
LPRO Stock Stochastic Average
Open Lending Corp’s raw stochastic average for the past 50 days is presently 10.43%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 4.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 4.10% and 7.79%, respectively.
