On Monday, Opendoor Technologies Inc (NASDAQ: OPEN) opened higher 9.50% from the last session, before settling in for the closing price of $1.79. Price fluctuations for OPEN have ranged from $1.58 to $4.89 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 50.93%. Company’s average yearly earnings per share was noted -59.39% at the time writing. With a float of $570.00 million, this company’s outstanding shares have now reached $677.64 million.
Considering the fact that the conglomerate employs 1982 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 9.05%, operating margin of -7.68%, and the pretax margin is -8.74%.
Opendoor Technologies Inc (OPEN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Real Estate Services industry is another important factor to consider. The insider ownership of Opendoor Technologies Inc is 18.92%, while institutional ownership is 54.38%. The most recent insider transaction that took place on Aug 15 ’24, was worth 8,621. In this transaction President, Sell Direct & Svcs. of this company sold 4,808 shares at a rate of $1.79, taking the stock ownership to the 4,474,641 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Chief Legal Officer sold 2,512 for $1.79, making the entire transaction worth $4,496. This insider now owns 1,373,239 shares in total.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -59.39% 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
Check out the current performance indicators for Opendoor Technologies Inc (OPEN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.59, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.54 in one year’s time.
Technical Analysis of Opendoor Technologies Inc (OPEN)
Compared to the last year’s volume of 19.01 million, its volume of 23.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.96%. Additionally, its Average True Range was 0.18.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 23.03%, which indicates a significant decrease from 42.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.09% in the past 14 days, which was higher than the 77.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0511, while its 200-day Moving Average is $2.6999. Nevertheless, the first resistance level for the watch stands at $2.0800 in the near term. At $2.2000, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.3600. If the price goes on to break the first support level at $1.8000, it is likely to go to the next support level at $1.6400. Now, if the price goes above the second support level, the third support stands at $1.5200.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
There are currently 691,576K shares outstanding in the company with a market cap of 1.38 billion. Presently, the company’s annual sales total 6,946 M according to its annual income of -275,000 K. Last quarter, the company’s sales amounted to 1,511 M and its income totaled -92,000 K.
