Opendoor Technologies Inc (NASDAQ: OPEN) on Monday, soared 14.57% from the previous trading day, before settling in for the closing price of $1.99. Within the past 52 weeks, OPEN’s price has moved between $1.52 and $4.89.
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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%. The company achieved an average annual earnings per share of -35.65%. With a float of $594.13 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 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
Observing investor behavior towards Real Estate Services industry stocks is more important than anything else. The insider ownership of Opendoor Technologies Inc is 16.91%, while institutional ownership is 52.52%. The most recent insider transaction that took place on Nov 22 ’24, was worth 50,733. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 12,409 for $1.66, making the entire transaction worth $20,599.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.14 earnings per share (EPS) for the period topping the consensus outlook (set at -0.19) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
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
Opendoor Technologies Inc (OPEN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.
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)
Compared to the last year’s volume of 24.22 million, its volume of 54.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 75.76%. Additionally, its Average True Range was 0.17.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 48.41%, which indicates a significant decrease from 86.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.69% in the past 14 days, which was higher than the 89.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8900, while its 200-day Moving Average is $2.2300. Nevertheless, the first resistance level for the watch stands at $2.4200 in the near term. At $2.5600, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.7200. If the price goes on to break the first support level at $2.1200, it is likely to go to the next support level at $1.9600. Now, if the price goes above the second support level, the third support stands at $1.8200.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
Market capitalization of the company is 1.63 billion based on 715,070K outstanding shares. Right now, sales total 6,946 M and income totals -275,000 K. The company made 1,377 M in profit during its latest quarter, and -78,000 K in sales during its previous quarter.
