On Monday, Opendoor Technologies Inc (NASDAQ: OPEN) opened lower -4.35% from the last session, before settling in for the closing price of $1.38. Price fluctuations for OPEN have ranged from $1.33 to $3.71 over the past 52 weeks.
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During the last 5-year period, the sales growth of Real Estate Sector giant was 50.93%. Company’s average yearly earnings per share was noted -34.64% at the time writing. With a float of $596.82 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Real Estate Services industry is another important factor to consider. The insider ownership of Opendoor Technologies Inc is 16.54%, while institutional ownership is 51.94%. The most recent insider transaction that took place on Jan 15 ’25, was worth 28,642. In this transaction Chief Legal Officer of this company sold 18,804 shares at a rate of $1.52, taking the stock ownership to the 1,171,590 shares. Before that another transaction happened on Jan 16 ’25, when Company’s Chief Legal Officer sold 110 for $1.55, making the entire transaction worth $170. This insider now owns 1,171,480 shares in total.
Opendoor Technologies Inc (OPEN) Recent Fiscal highlights
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 -34.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.36% 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
Check out the current performance indicators for Opendoor Technologies Inc (OPEN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19.
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)
Looking closely at Opendoor Technologies Inc (NASDAQ: OPEN), its last 5-days average volume was 35.99 million, which is a drop from its year-to-date volume of 41.32 million. As of the previous 9 days, the stock’s Stochastic %D was 19.81%. Additionally, its Average True Range was 0.12.
During the past 100 days, Opendoor Technologies Inc’s (OPEN) raw stochastic average was set at 3.33%, which indicates a significant decrease from 11.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.37% in the past 14 days, which was lower than the 72.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.7361, while its 200-day Moving Average is $1.9711. However, in the short run, Opendoor Technologies Inc’s stock first resistance to watch stands at $1.3533. Second resistance stands at $1.3867. The third major resistance level sits at $1.4233. If the price goes on to break the first support level at $1.2833, it is likely to go to the next support level at $1.2467. Now, if the price goes above the second support level, the third support stands at $1.2133.
Opendoor Technologies Inc (NASDAQ: OPEN) Key Stats
There are currently 715,070K shares outstanding in the company with a market cap of 943.90 million. Presently, the company’s annual sales total 6,946 M according to its annual income of -275,000 K. Last quarter, the company’s sales amounted to 1,377 M and its income totaled -78,000 K.
