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As of close of business last night, Opendoor Technologies Inc’s stock clocked out at $1.75, down -1.13% from its previous closing price of $1.77. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 19.13 million shares were traded. OPEN stock price reached its highest trading level at $1.84 during the session, while it also had its lowest trading level at $1.75.
Ratios:
To gain a deeper understanding of OPEN’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.90 whereas as Long-Term Debt/Eq ratio is at 2.53.
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 Oct 15 ’24 when Schaub Sydney sold 16,940 shares for $1.91 per share. The transaction valued at 32,315 led to the insider holds 1,281,411 shares of the business.
Meyer Megan D. sold 115,020 shares of OPEN for $219,412 on Oct 15 ’24. The President, Sell Direct & Svcs. now owns 4,293,098 shares after completing the transaction at $1.91 per share. On Oct 15 ’24, another insider, Schwartz Christina, who serves as the insider of the company, sold 16,011 shares for $1.91 each. As a result, the insider received 30,543 and left with 743,859 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 1230258688 and an Enterprise Value of 2874257920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.45. Its current Enterprise Value per Revenue stands at 0.633 whereas that against EBITDA is -10.015.
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 $1.58. The 50-Day Moving Average of the stock is -12.60%, while the 200-Day Moving Average is calculated to be -26.94%.
Shares Statistics:
It appears that OPEN traded 31.74M shares on average per day over the past three months and 23169730 shares per day over the past ten days. A total of 677.64M shares are outstanding, with a floating share count of 573.59M. Insiders hold about 18.41% of the company’s shares, while institutions hold 54.40% stake in the company. Shares short for OPEN as of 1728950400 were 88911942 with a Short Ratio of 2.80, compared to 1726185600 on 89582870. Therefore, it implies a Short% of Shares Outstanding of 88911942 and a Short% of Float of 15.010001.
