Deeper Dive: Understanding Opendoor Technologies Inc (OPEN) Through its Various Ratios

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The price of Opendoor Technologies Inc (NASDAQ: OPEN) closed at $2.20 in the last session, up 2.33% from day before closing price of $2.15. In other words, the price has increased by $2.33 from its previous closing price. On the day, 63.11 million shares were traded. OPEN stock price reached its highest trading level at $2.39 during the session, while it also had its lowest trading level at $2.15.

Ratios:

We take a closer look at OPEN’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 3.16 whereas as Long-Term Debt/Eq ratio is at 2.36.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when Schaub Sydney sold 15,659 shares for $2.13 per share. The transaction valued at 33,343 led to the insider holds 1,265,752 shares of the business.

SYDNEY SCHAUB bought 15,659 shares of OPEN for $33,354 on Dec 03 ’24. On Nov 22 ’24, another insider, CHRISTINA SCHWARTZ, who serves as the Officer of the company, bought 29,843 shares for $1.70 each.

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 1573154048 and an Enterprise Value of 3270153472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 0.662 whereas that against EBITDA is -11.848.

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 $1.52. The 50-Day Moving Average of the stock is 16.01%, while the 200-Day Moving Average is calculated to be 0.27%.

Shares Statistics:

According to the various share statistics, OPEN traded on average about 37.23M shares per day over the past 3-months and 55895770 shares per day over the past 10 days. A total of 711.66M shares are outstanding, with a floating share count of 594.14M. Insiders hold about 16.91% of the company’s shares, while institutions hold 52.58% stake in the company. Shares short for OPEN as of 1731628800 were 72042901 with a Short Ratio of 1.93, compared to 1728950400 on 88911942. Therefore, it implies a Short% of Shares Outstanding of 72042901 and a Short% of Float of 11.92.

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