In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Opendoor Technologies Inc (NASDAQ: OPEN) was $0.68 for the day, up 2.98% from the previous closing price of $0.66. In other words, the price has increased by $2.98 from its previous closing price. On the day, 55.79 million shares were traded.
Ratios:
Our analysis of OPEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 3.92 whereas as Long-Term Debt/Eq ratio is at 2.45.
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 Apr 15 ’25 when Schaub Sydney sold 17,162 shares for $0.96 per share. The transaction valued at 16,455 led to the insider holds 1,601,414 shares of the business.
Schaub Sydney sold 126 shares of OPEN for $120 on Apr 16 ’25. The Chief Legal Officer now owns 1,606,288 shares after completing the transaction at $0.95 per share. On Apr 16 ’25, another insider, SYDNEY SCHAUB, who serves as the Officer of the company, bought 126 shares for $0.92 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.77.
Stock Price History:
Over the past 52 weeks, OPEN has reached a high of $3.09, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is -17.53%, while the 200-Day Moving Average is calculated to be -54.75%.
Shares Statistics:
A total of 726.84M shares are outstanding, with a floating share count of 617.32M. Insiders hold about 15.31% of the company’s shares, while institutions hold 53.40% stake in the company.