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OPEN: Riding the Market Waves of Growth and Decline in 2023

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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 -25.00%.However, over the last six months, we can see a stronger performance of -37.50%. Over the last 30 days, the price of OPEN has leaped by -13.04%. And in the last five days, it has fallen by -10.45%.

Opendoor Technologies Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $3.24 on 03/08/24 and the lowest value was $1.12 on 03/04/25.

52-week price history of OPEN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Opendoor Technologies Inc’s current trading price is -62.96% away from its 52-week high, while its distance from the 52-week low is 7.14%. The stock’s price range during this period has varied between$1.12 and $3.24. The Opendoor Technologies Inc’s shares, which operate in the Real Estate, saw a trading volume of around 48.03 million for the day, a figure considerably higher than their average daily volume of 40.1 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Opendoor Technologies Inc (OPEN) has experienced a quarterly decline of -44.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 868.22M and boasts a workforce of 1470 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 1.6775, with a change in price of -0.5600. Similarly, Opendoor Technologies Inc recorded 39,289,328 in trading volume during the last 100 days, posting a change of -31.82%.

OPEN’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 OPEN stands at 3.25. Similarly, the long-term debt-to-equity ratio is also 2.64.

OPEN Stock Stochastic Average

Opendoor Technologies Inc’s raw stochastic average for the past 50 days is presently 11.27%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 15.69%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 16.34% and 17.52%, respectively.

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