A new trading day began on Monday, with Opendoor Technologies Inc (NASDAQ: OPEN) stock price down -6.12% from the previous day of trading, before settling in for the closing price of $1.47. OPEN’s price has ranged from $1.42 to $3.78 over the past 52 weeks.
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Annual sales at Real Estate sector company grew by 50.93% over the past five years. Meanwhile, its annual earnings per share averaged -34.98%. With a float of $596.93 million, this company’s outstanding shares have now reached $711.66 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
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 16.52%, 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) Performance Highlights and Predictions
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 -34.98% 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 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.54, a number that is poised to hit -0.16 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Opendoor Technologies Inc (OPEN)
Opendoor Technologies Inc (NASDAQ: OPEN) saw its 5-day average volume 50.47 million, a positive change from its year-to-date volume of 46.73 million. As of the previous 9 days, the stock’s Stochastic %D was 8.47%. Additionally, its Average True Range was 0.13.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 4.10%, which indicates a significant decrease from 10.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.66% in the past 14 days, which was lower than the 77.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8395, while its 200-day Moving Average is $2.0564. Nevertheless, the first resistance level for the watch stands at $1.4300 in the near term. At $1.4800, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.5300. If the price goes on to break the first support level at $1.3300, it is likely to go to the next support level at $1.2800. Assuming the price breaks the second support level, the third support level stands at $1.2300.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
With a market capitalization of 986.80 million, the company has a total of 715,070K Shares Outstanding. Currently, annual sales are 6,946 M while annual income is -275,000 K. The company’s previous quarter sales were 1,377 M while its latest quarter income was -78,000 K.
