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.
After finishing at $1.43 in the prior trading day, Opendoor Technologies Inc (NASDAQ: OPEN) closed at $1.40, down -2.10%. In other words, the price has decreased by -$2.10 from its previous closing price. On the day, 26.03 million shares were traded. OPEN stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.38.
Ratios:
Our goal is to gain a better understanding of OPEN by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1001097984 and an Enterprise Value of 2698097664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 0.546 whereas that against EBITDA is -9.776.
Stock Price History:
The Beta on a monthly basis for OPEN is 2.80, which has changed by -0.6236559 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, OPEN has reached a high of $3.78, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -21.16%, while the 200-Day Moving Average is calculated to be -30.02%.
Shares Statistics:
The stock has traded on average 39.36M shares per day over the past 3-months and 43770070 shares per day over the last 10 days, according to various share statistics. A total of 711.66M shares are outstanding, with a floating share count of 596.95M. Insiders hold about 16.52% of the company’s shares, while institutions hold 51.93% stake in the company. Shares short for OPEN as of 1735603200 were 78042139 with a Short Ratio of 1.98, compared to 1732838400 on 70564668. Therefore, it implies a Short% of Shares Outstanding of 78042139 and a Short% of Float of 12.91.
