Opendoor Technologies Inc (NASDAQ: OPEN) kicked off on Friday, up 3.77% from the previous trading day, before settling in for the closing price of $1.59. Over the past 52 weeks, OPEN has traded in a range of $1.52-$4.11.
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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 $596.81 million, this company’s outstanding shares have now reached $711.66 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) Insider Activity
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 16.54%, while institutional ownership is 51.89%. The most recent insider transaction that took place on Dec 16 ’24, was worth 140,835. In this transaction Chief Legal Officer of this company sold 74,801 shares at a rate of $1.88, taking the stock ownership to the 1,190,951 shares. Before that another transaction happened on Dec 17 ’24, when Company’s Chief Legal Officer sold 557 for $1.92, making the entire transaction worth $1,067. This insider now owns 1,190,394 shares in total.
Opendoor Technologies Inc (OPEN) Earnings and Forecasts
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 0.25.
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 35.93 million, which is a drop from its year-to-date volume of 37.37 million. As of the previous 9 days, the stock’s Stochastic %D was 20.15%. Additionally, its Average True Range was 0.13.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 12.62%, which indicates a significant decrease from 19.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.00% in the past 14 days, which was lower than the 77.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8635, while its 200-day Moving Average is $2.0926. However, in the short run, Opendoor Technologies Inc’s stock first resistance to watch stands at $1.6967. Second resistance stands at $1.7433. The third major resistance level sits at $1.8067. If the price goes on to break the first support level at $1.5867, it is likely to go to the next support level at $1.5233. Should the price break the second support level, the third support level stands at $1.4767.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
The company with the Market Capitalisation of 1.22 billion has total of 715,070K 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.
