In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
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
As of close of business last night, Opendoor Technologies Inc’s stock clocked out at $2.07, down -0.96% from its previous closing price of $2.09. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 33.14 million shares were traded. OPEN stock price reached its highest trading level at $2.1899 during the session, while it also had its lowest trading level at $2.05.
Ratios:
To gain a deeper understanding of OPEN’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.90 whereas as Long-Term Debt/Eq ratio is at 2.53.
On December 13, 2023, Keefe Bruyette Upgraded its rating to Mkt Perform which previously was Underperform but kept the price unchanged to $3.50.
On November 21, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $2.80.Deutsche Bank initiated its Hold rating on November 21, 2023, with a $2.80 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when Schwartz Christina sold 24,800 shares for $2.16 per share. The transaction valued at 53,498 led to the insider holds 759,870 shares of the business.
Schaub Sydney sold 77,376 shares of OPEN for $166,916 on Sep 16 ’24. The Chief Legal Officer now owns 1,298,351 shares after completing the transaction at $2.16 per share. On Sep 16 ’24, another insider, WHEELER CARRIE, who serves as the Chief Executive Officer of the company, sold 694,105 shares for $2.16 each. As a result, the insider received 1,497,323 and left with 14,650,520 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OPEN now has a Market Capitalization of 1455220224 and an Enterprise Value of 3099219456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 0.682 whereas that against EBITDA is -10.799.
Stock Price History:
Over the past 52 weeks, OPEN has reached a high of $4.89, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -1.31%, while the 200-Day Moving Average is calculated to be -21.40%.
Shares Statistics:
It appears that OPEN traded 29.55M shares on average per day over the past three months and 40988070 shares per day over the past ten days. A total of 677.64M shares are outstanding, with a floating share count of 573.45M. Insiders hold about 18.43% of the company’s shares, while institutions hold 54.43% stake in the company. Shares short for OPEN as of 1726185600 were 89582870 with a Short Ratio of 3.03, compared to 1723680000 on 86144153. Therefore, it implies a Short% of Shares Outstanding of 89582870 and a Short% of Float of 15.120000000000001.
