As on Wednesday, Open Lending Corporation (NASDAQ: LPRO) got off with the flyer as it spiked 1.44% to $7.03, before settling in for the price of $6.93 at the close. Taking a more long-term approach, LPRO posted a 52-week range of $6.11-$26.44.
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Nevertheless, stock’s Earnings Per Share (EPS) this year is 205.60%. This publicly-traded company’s shares outstanding now amounts to $126.23 million, simultaneously with a float of $112.14 million. The organization now has a market capitalization sitting at $834.46 million. At the time of writing, stock’s 50-day Moving Average stood at $7.58, while the 200-day Moving Average is $12.17.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 132 employees. For the Profitability, stocks gross margin was +91.37, operating margin was +69.69 and Pretax Margin of +88.65.
Open Lending Corporation (LPRO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Credit Services industry. Open Lending Corporation’s current insider ownership accounts for 5.10%, in contrast to 93.70% institutional ownership.
Open Lending Corporation (LPRO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.17) by $0.01. This company achieved a net margin of +67.74 while generating a return on equity of 157.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
Open Lending Corporation’s EPS increase for this current 12-month fiscal period is 205.60% and is forecasted to reach 0.54 in the upcoming year.
Open Lending Corporation (NASDAQ: LPRO) Trading Performance Indicators
Let’s observe the current performance indicators for Open Lending Corporation (LPRO). It’s Quick Ratio in the last reported quarter now stands at 16.70. The Stock has managed to achieve an average true range (ATR) of 0.51. Alongside those numbers, its PE Ratio stands at $8.99, and its Beta score is 0.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.08. Similarly, its price to free cash flow for trailing twelve months is now 7.52.
In the same vein, LPRO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.78, a figure that is expected to reach 0.10 in the next quarter, and analysts are predicting that it will be 0.54 at the market close of one year from today.
Technical Analysis of Open Lending Corporation (LPRO)
Through scrutinizing the latest numbers posted by the [Open Lending Corporation, LPRO], it can be observed that its last 5-days Average volume of 0.68 million was lower the volume of 0.89 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 36.35% While, its Average True Range was 0.53.