Opendoor Technologies Inc (NASDAQ: OPEN) kicked off on Monday, down -3.01% from the previous trading day, before settling in for the closing price of $1.66. Over the past 52 weeks, OPEN has traded in a range of $1.58-$4.89.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 50.93%. While this was happening, its average annual earnings per share was recorded -35.65%. With a float of $594.13 million, this company’s outstanding shares have now reached $677.64 million.
Let’s determine the extent of company efficiency that accounts for 1982 employees. In terms of profitability, gross margin is 8.5%, operating margin of -6.82%, and the pretax margin is -7.47%.
Opendoor Technologies Inc (OPEN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Real Estate Services Industry. The insider ownership of Opendoor Technologies Inc is 16.91%, while institutional ownership is 52.53%. The most recent insider transaction that took place on Nov 18 ’24, was worth 20,599. Before that another transaction happened on Oct 15 ’24, when Company’s Chief Legal Officer sold 16,940 for $1.91, making the entire transaction worth $32,315. This insider now owns 1,281,411 shares in total.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -35.65% 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
Take a look at Opendoor Technologies Inc’s (OPEN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of Opendoor Technologies Inc (OPEN)
Looking closely at Opendoor Technologies Inc (NASDAQ: OPEN), its last 5-days average volume was 38.96 million, which is a jump from its year-to-date volume of 23.55 million. As of the previous 9 days, the stock’s Stochastic %D was 11.16%. Additionally, its Average True Range was 0.14.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 2.63%, which indicates a significant decrease from 8.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.61% in the past 14 days, which was lower than the 83.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.9190, while its 200-day Moving Average is $2.2689. However, in the short run, Opendoor Technologies Inc’s stock first resistance to watch stands at $1.6500. Second resistance stands at $1.6900. The third major resistance level sits at $1.7300. If the price goes on to break the first support level at $1.5700, it is likely to go to the next support level at $1.5300. Now, if the price goes above the second support level, the third support stands at $1.4900.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
The company with the Market Capitalisation of 1.08 billion has total of 703,005K Shares Outstanding. Its annual sales at the moment are 6,946 M in contrast with the sum of -275,000 K annual income. Company’s last quarter sales were recorded 1,377 M and last quarter income was -78,000 K.
