Currently, the stock price of Opendoor Technologies Inc (OPEN) is $2.46. In the most recent trading session, the stock underwent a significant upswing, peaking at $2.0 after opening at $2.46. The stock touched a low of $0.68 before closing at $2.1.
Opendoor Technologies Inc had a pretty favorable run when it comes to the market performance.
52-week price history of OPEN Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Opendoor Technologies Inc’s current trading price is -50.50% away from its 52-week high, while its distance from the 52-week low is 383.87%. The stock’s price range for this period has remained between $0.51 and $4.97. The Real Estate sector company’s shares managed to surpass a trading volume of around 266.31 million for the day, which was noticeably higher compared to the shares’ average daily volume of 175.44 million over the last three months.
Financial Performance and Market Capitalization
Opendoor Technologies Inc (OPEN) has experienced a quarterly rise of 230.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.79B and boasts a workforce of 1470 employees.
Analysts’ Ratings For Opendoor Technologies Inc
As of right now, 0 analyst is rating Opendoor Technologies Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 2 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.02, with a change in price of +1.35. Similarly, Opendoor Technologies Inc recorded 130,629,602 in trading volume during the last 100 days, posting a change of +121.62%.
OPEN Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OPEN stands at 3.92. Similarly, the long-term debt-to-equity ratio is also 2.45.
OPEN Stock Stochastic Average
As of today, the raw stochastic average of Opendoor Technologies Inc over the past 50 days is 43.74%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 41.97%. Additionally, the Stochastic %K and %D values for the company were 35.22% and 33.51%, respectively, over the past 20 days.
OPEN Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 6.03%. However, over the past six months, we’ve seen a weaker performance of 78.26%. The price of OPEN fallen by 303.28% over the last 30 days. And in the last five days, it has surged by 5.13%.
