A new trading day began on Monday, with Opendoor Technologies Inc (NASDAQ: OPEN) stock price up 1.65% from the previous day of trading, before settling in for the closing price of $1.82. OPEN’s price has 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%. Meanwhile, its annual earnings per share averaged -56.46%. With a float of $573.59 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Real Estate Services Industry. The insider ownership of Opendoor Technologies Inc is 18.41%, while institutional ownership is 54.28%. The most recent insider transaction that took place on Oct 15 ’24, was worth 32,315. In this transaction Chief Legal Officer of this company sold 16,940 shares at a rate of $1.91, taking the stock ownership to the 1,281,411 shares. Before that another transaction happened on Oct 15 ’24, when Company’s President, Sell Direct & Svcs. sold 115,020 for $1.91, making the entire transaction worth $219,412. This insider now owns 4,293,098 shares in total.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -56.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.91% 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
Here are Opendoor Technologies Inc’s current performance indicators. 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 22.75 million, its volume of 30.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 49.76%. Additionally, its Average True Range was 0.13.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 17.88%, which indicates a significant decrease from 57.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.68% in the past 14 days, which was lower than the 83.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9812, while its 200-day Moving Average is $2.3522. Nevertheless, the first resistance level for the watch stands at $1.9200 in the near term. At $1.9900, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0500. If the price goes on to break the first support level at $1.7900, it is likely to go to the next support level at $1.7300. Now, if the price goes above the second support level, the third support stands at $1.6600.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
With a market capitalization of 1.35 billion, the company has a total of 703,005K Shares Outstanding. Currently, annual sales are 6,946 M while annual income is -275,000 K. The company’s previous quarter sales were 1,511 M while its latest quarter income was -92,000 K.
