The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Opendoor Technologies Inc (NASDAQ: OPEN) closed the day trading at $1.38 down -6.12% from the previous closing price of $1.47. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 69.0 million shares were traded. OPEN stock price reached its highest trading level at $1.42 during the session, while it also had its lowest trading level at $1.33.
Ratios:
For a better understanding of OPEN, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Schaub Sydney sold 74,801 shares for $1.88 per share. The transaction valued at 140,835 led to the insider holds 1,190,951 shares of the business.
Schaub Sydney sold 557 shares of OPEN for $1,067 on Dec 17 ’24. The Chief Legal Officer now owns 1,190,394 shares after completing the transaction at $1.92 per share. On Dec 16 ’24, another insider, WHEELER CARRIE, who serves as the Chief Executive Officer of the company, sold 552,408 shares for $1.88 each. As a result, the insider received 1,040,074 and left with 14,098,112 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 1051152960 and an Enterprise Value of 2683796224. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.543 whereas that against EBITDA is -9.724.
Stock Price History:
The Beta on a monthly basis for OPEN is 2.85, which has changed by -0.54347825 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, OPEN has reached a high of $3.78, while it has fallen to a 52-week low of $1.42. The 50-Day Moving Average of the stock is -24.98%, while the 200-Day Moving Average is calculated to be -32.89%.
Shares Statistics:
Over the past 3-months, OPEN traded about 36.66M shares per day on average, while over the past 10 days, OPEN traded about 38915790 shares per day. A total of 711.66M shares are outstanding, with a floating share count of 596.93M. Insiders hold about 16.52% of the company’s shares, while institutions hold 51.89% stake in the company. Shares short for OPEN as of 1734048000 were 73671442 with a Short Ratio of 2.13, compared to 1731628800 on 72042901. Therefore, it implies a Short% of Shares Outstanding of 73671442 and a Short% of Float of 12.189999.
