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The closing price of Opendoor Technologies Inc (NASDAQ: OPEN) was $1.32 for the day, down -4.35% from the previous closing price of $1.38. In other words, the price has decreased by -$4.35 from its previous closing price. On the day, 41.46 million shares were traded. OPEN stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.28.
Ratios:
Our analysis of OPEN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 15 ’25 when Schaub Sydney sold 18,804 shares for $1.52 per share. The transaction valued at 28,642 led to the insider holds 1,171,590 shares of the business.
Schaub Sydney sold 110 shares of OPEN for $170 on Jan 16 ’25. The Chief Legal Officer now owns 1,171,480 shares after completing the transaction at $1.55 per share. On Jan 16 ’25, another insider, SYDNEY SCHAUB, who serves as the Officer of the company, bought 110 shares for $1.51 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 943892480 and an Enterprise Value of 2640892160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 0.535 whereas that against EBITDA is -9.568.
Stock Price History:
The Beta on a monthly basis for OPEN is 2.82, which has changed by -0.57926834 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, OPEN has reached a high of $3.71, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -23.97%, while the 200-Day Moving Average is calculated to be -33.03%.
Shares Statistics:
OPEN traded an average of 40.12M shares per day over the past three months and 35160330 shares per day over the past ten days. A total of 711.66M shares are outstanding, with a floating share count of 596.82M. Insiders hold about 16.54% of the company’s shares, while institutions hold 51.94% stake in the company. Shares short for OPEN as of 1736899200 were 74889455 with a Short Ratio of 1.87, compared to 1734048000 on 73671442. Therefore, it implies a Short% of Shares Outstanding of 74889455 and a Short% of Float of 12.3900004.