Opendoor Technologies Inc (NASDAQ: OPEN) started the day on Thursday, with a price increase of 2.27% at $1.80, before settling in for the price of $1.76 at the close. Taking a more long-term approach, OPEN posted a 52-week range of $1.58-$4.89.
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The Real Estate Sector giants’ yearly sales growth during the last 5-year period was 50.93%. Meanwhile, its Annual Earning per share during the time was 44.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -59.39%. This publicly-traded company’s shares outstanding now amounts to $677.64 million, simultaneously with a float of $569.88 million. The organization now has a market capitalization sitting at $1.27 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.0661, while the 200-day Moving Average is $2.7011.
Opendoor Technologies Inc (OPEN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Real Estate Services Industry. Opendoor Technologies Inc’s current insider ownership accounts for 18.94%, in contrast to 54.66% institutional ownership. According to the most recent insider trade that took place on Aug 06 ’24, this organization’s Chief Legal Officer sold 2,512 shares at the rate of 1.79, making the entire transaction reach 4,496 in total value, affecting insider ownership by 1,373,239. Preceding that transaction, on Aug 01 ’24, Company’s President, Sell Direct & Svcs. sold 4,808 for 2.13, making the whole transaction’s value amount to 10,219. This particular insider is now the holder of 4,479,449 in total.
Opendoor Technologies Inc (OPEN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
Opendoor Technologies Inc’s EPS decrease for this current 12-month fiscal period is -59.39% and is forecasted to reach -0.54 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.20% through the next 5 years, which can be compared against the 44.03% growth it accomplished over the previous five years trading on the market.
Opendoor Technologies Inc (NASDAQ: OPEN) Trading Performance Indicators
Let’s observe the current performance indicators for Opendoor Technologies Inc (OPEN). The Stock has managed to achieve an average true range (ATR) of 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.28.
In the same vein, OPEN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.59, a figure that is expected to reach -0.18 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 Opendoor Technologies Inc (OPEN)
If we take a close look at the recent performances of Opendoor Technologies Inc (NASDAQ: OPEN), its last 5-days Average volume was 20.17 million that shows progress from its year to date volume of 18.91 million. During the previous 9 days, stock’s Stochastic %D was recorded 48.29% While, its Average True Range was 0.1748.
Raw Stochastic average of Opendoor Technologies Inc (OPEN) in the period of the previous 100 days is set at 13.33%, which indicates a major fall in contrast to 20.95% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 90.73% that was higher than 75.64% volatility it exhibited in the past 100-days period.
