Open Lending Corp (LPRO) is 16.66% away from 50-day simple Moving Average despite all headwinds

Open Lending Corp (NASDAQ: LPRO) open the trading on Wednesday, with great promise as it jumped 5.97% to $6.74, before settling in for the price of $6.36 at the close. Taking a more long-term approach, LPRO posted a 52-week range of $4.57-$8.70.

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The Financial sector firm’s twelve-monthly sales growth has been 12.80% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 18.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.35%. This publicly-traded company’s shares outstanding now amounts to $118.82 million, simultaneously with a float of $108.33 million. The organization now has a market capitalization sitting at $803.77 million. At the time of writing, stock’s 50-day Moving Average stood at $5.78, while the 200-day Moving Average is $6.11.

Open Lending Corp (LPRO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Credit Services industry. Open Lending Corp’s current insider ownership accounts for 9.16%, in contrast to 67.38% institutional ownership. According to the most recent insider trade that took place on Mar 21 ’24, this organization’s Director sold 50,000 shares at the rate of 7.35, making the entire transaction reach 367,290 in total value, affecting insider ownership by 1,993,762. Preceding that transaction, on Feb 21 ’24, Company’s Director sold 50,000 for 7.96, making the whole transaction’s value amount to 398,030. This particular insider is now the holder of 2,029,666 in total.

Open Lending Corp (LPRO) Earnings and Revenue Records

Open Lending Corp’s EPS decrease for this current 12-month fiscal period is -12.35% and is forecasted to reach 0.26 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -13.29% through the next 5 years, which can be compared against the 18.40% growth it accomplished over the previous five years trading on the market.

Open Lending Corp (NASDAQ: LPRO) Trading Performance Indicators

Let’s observe the current performance indicators for Open Lending Corp (LPRO). It’s Quick Ratio in the last reported quarter now stands at 13.32. The Stock has managed to achieve an average true range (ATR) of 0.27. Alongside those numbers, its PE Ratio stands at $131.90, and its Beta score is 1.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.17. Similarly, its price to free cash flow for trailing twelve months is now 18.43.

In the same vein, LPRO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.05, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.26 at the market close of one year from today.

Technical Analysis of Open Lending Corp (LPRO)

[Open Lending Corp, LPRO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 96.32% While, its Average True Range was 0.29.

Raw Stochastic average of Open Lending Corp (LPRO) in the period of the previous 100 days is set at 91.18%, which indicates a major rise in contrast to 88.96% 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 41.59% that was lower than 47.60% volatility it exhibited in the past 100-days period.