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The price of Opendoor Technologies Inc (NASDAQ: OPEN) closed at $2.20 in the last session, down -3.51% from day before closing price of $2.28. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 51.43 million shares were traded. OPEN stock price reached its highest trading level at $2.27 during the session, while it also had its lowest trading level at $2.13.
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 Nov 22 ’24 when CHRISTINA SCHWARTZ bought 29,843 shares for $1.70 per share.
CHRISTINA SCHWARTZ bought 12,409 shares of OPEN for $20,599 on Nov 18 ’24. On Oct 15 ’24, another insider, Schaub Sydney, who serves as the Chief Legal Officer of the company, sold 16,940 shares for $1.91 each. As a result, the insider received 32,315 and left with 1,281,411 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 1573154048 and an Enterprise Value of 3327358976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 0.674 whereas that against EBITDA is -12.056.
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 16.86%, while the 200-Day Moving Average is calculated to be -1.14%.
Shares Statistics:
According to the various share statistics, OPEN traded on average about 36.06M shares per day over the past 3-months and 46678730 shares per day over the past 10 days. A total of 677.64M shares are outstanding, with a floating share count of 594.13M. Insiders hold about 16.91% of the company’s shares, while institutions hold 52.54% stake in the company. Shares short for OPEN as of 1730332800 were 86276392 with a Short Ratio of 2.39, compared to 1727654400 on 91459740. Therefore, it implies a Short% of Shares Outstanding of 86276392 and a Short% of Float of 14.27.
