Market Momentum Report: Opendoor Technologies Inc (OPEN)’s Negative Close at 0.65

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The price of Opendoor Technologies Inc (NASDAQ: OPEN) closed at $0.65 in the last session, down -4.93% from day before closing price of $0.69. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 68.75 million shares were traded.

Ratios:

We take a closer look at OPEN’s different ratios to gain a better understanding of the stock. 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:

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 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 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.73.

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 $0.65. The 50-Day Moving Average of the stock is -26.02%, while the 200-Day Moving Average is calculated to be -57.42%.

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 53.52% stake in the company.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.