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The closing price of Opendoor Technologies Inc (NASDAQ: OPEN) was $1.92 for the day, down -2.04% from the previous closing price of $1.96. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 24.09 million shares were traded. OPEN stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.885.
Ratios:
Our analysis of OPEN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 09 ’24 when MEGAN D MEYER bought 30,000 shares for $2.20 per share.
Schaub Sydney sold 15,659 shares of OPEN for $33,343 on Dec 03 ’24. The Chief Legal Officer now owns 1,265,752 shares after completing the transaction at $2.13 per share. On Dec 03 ’24, another insider, SYDNEY SCHAUB, who serves as the Officer of the company, bought 15,659 shares for $2.13 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 1372934400 and an Enterprise Value of 3069933824. 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 1.71. Its current Enterprise Value per Revenue stands at 0.622 whereas that against EBITDA is -11.123.
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 0.80%, while the 200-Day Moving Average is calculated to be -11.50%.
Shares Statistics:
OPEN traded an average of 37.91M shares per day over the past three months and 41256760 shares per day over the past ten days. A total of 711.66M shares are outstanding, with a floating share count of 596.18M. Insiders hold about 16.63% of the company’s shares, while institutions hold 51.93% stake in the company. Shares short for OPEN as of 1732838400 were 70564668 with a Short Ratio of 1.86, compared to 1730332800 on 86276392. Therefore, it implies a Short% of Shares Outstanding of 70564668 and a Short% of Float of 11.67.
