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 -60.76% away from its 52-week high, while its distance from the 52-week low is 283.56%. The stock’s price range over this period has fluctuated between $0.51 and $4.97. The company, operating within the financial sector, had a trading volume of approximately 88.29 million for the day, which was noticeably lower than the average daily share volume of 185.61 million over the last 3 months.
The stock price for Opendoor Technologies Inc (OPEN) currently stands at $1.95. The stock experienced a substantial increase in the last session, hitting $2.0 after starting at $1.95. The stock’s lowest price was $0.7 before closing at $1.85.
The market performance of Opendoor Technologies Inc’s stock has been harmonious in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Opendoor Technologies Inc (OPEN) has experienced a quarterly rise of 123.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.44B and boasts a workforce of 1470 employees.
Opendoor Technologies Inc: What Analysts Are Saying
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, 6 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0524, with a change in price of +0.7600. Similarly, Opendoor Technologies Inc recorded 135,896,500 in trading volume during the last 100 days, posting a change of +63.87%.
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 3.46. Similarly, the long-term debt-to-equity ratio is also 2.59.
OPEN Stock Stochastic Average
Today, Opendoor Technologies Inc’s raw stochastic average for the past 50 days stands at 32.31%, indicating a rise from the raw stochastic average of the last 20 days, which was 28.10%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 27.43% and 32.34% respectively.
OPEN Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 13.70%. However, over the past six months, we’ve seen a weaker performance of 40.29%. The price of OPEN fallen by 120.89% over the last 30 days. And in the last five days, it has fallen by -7.14%.
