On Monday, Opendoor Technologies Inc (NASDAQ: OPEN) was -1.19% drop from the session before settling in for the closing price of $2.52. A 52-week range for OPEN has been $1.68 – $5.41.
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Real Estate Sector giant saw their annual sales surged by 50.93% over the last five years. When this article was written, the company’s average yearly earnings per share was at -47.89%. With a float of $560.61 million, this company’s outstanding shares have now reached $677.64 million.
The firm has a total of 1982 workers. Let’s measure their productivity.
Opendoor Technologies Inc (OPEN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Opendoor Technologies Inc stocks. The insider ownership of Opendoor Technologies Inc is 18.94%, while institutional ownership is 55.96%. The most recent insider transaction that took place on Jul 18 ’24, was worth 12,716. In this transaction President, Sell Direct & Svcs. of this company sold 4,808 shares at a rate of $2.64, taking the stock ownership to the 4,484,257 shares. Before that another transaction happened on Jul 16 ’24, when Company’s See Remarks sold 3,629 for $2.82, making the entire transaction worth $10,238. This insider now owns 779,670 shares in total.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted -0.3 earnings per share (EPS) during the time that was better than consensus figure (set at -0.38) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -47.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.20% during the next five years compared to 44.03% growth over the previous five years of trading.
Opendoor Technologies Inc (NASDAQ: OPEN) Trading Performance Indicators
You can see what Opendoor Technologies Inc (OPEN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.42, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Opendoor Technologies Inc (OPEN)
Analysing the last 5-days average volume posted by the [Opendoor Technologies Inc, OPEN], we can find that recorded value of 19.77 million was better than the volume posted last year of 18.34 million. As of the previous 9 days, the stock’s Stochastic %D was 23.34%. Additionally, its Average True Range was 0.21.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 51.92%, which indicates a significant decrease from 53.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.77% in the past 14 days, which was higher than the 72.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.16, while its 200-day Moving Average is $2.73. Now, the first resistance to watch is $2.59. This is followed by the second major resistance level at $2.69. The third major resistance level sits at $2.75. If the price goes on to break the first support level at $2.43, it is likely to go to the next support level at $2.37. Now, if the price goes above the second support level, the third support stands at $2.27.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
There are 691,576K outstanding shares of the company, which has a market capitalization of 1.72 billion. As of now, sales total 6,946 M while income totals -275,000 K. Its latest quarter income was 1,181 M while its last quarter net income were -109,000 K.
