Market Watch: Opendoor Technologies Inc (OPEN)’s Noteworthy Drop, Closing at 1.21

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

As of close of business last night, Opendoor Technologies Inc’s stock clocked out at $1.21, down -9.70% from its previous closing price of $1.34. In other words, the price has decreased by -$9.70 from its previous closing price. On the day, 41.73 million shares were traded.

Ratios:

To gain a deeper understanding of OPEN’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.25 whereas as Long-Term Debt/Eq ratio is at 2.64.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 03 ’25 when SYDNEY SCHAUB bought 5,000 shares for $1.34 per share.

Schaub Sydney sold 18,804 shares of OPEN for $28,642 on Jan 15 ’25. The Chief Legal Officer now owns 1,171,590 shares after completing the transaction at $1.52 per share. On Jan 16 ’25, another insider, Schaub Sydney, who serves as the Chief Legal Officer of the company, sold 110 shares for $1.55 each. As a result, the insider received 170 and left with 1,171,480 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.22.

Stock Price History:

Over the past 52 weeks, OPEN has reached a high of $3.32, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -19.26%, while the 200-Day Moving Average is calculated to be -36.30%.

Shares Statistics:

A total of 719.99M shares are outstanding, with a floating share count of 607.80M. Insiders hold about 15.99% of the company’s shares, while institutions hold 50.45% stake in the company.

Most Popular