A new trading day began on Friday, with Open Lending Corp (NASDAQ: LPRO) stock price down -15.00% from the previous day of trading, before settling in for the closing price of $1.20. LPRO’s price has ranged from $1.11 to $6.97 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -3.11%. Meanwhile, its annual earnings per share averaged 101.75%. With a float of $108.72 million, this company’s outstanding shares have now reached $119.35 million.
The extent of productivity of a business whose workforce counts for 205 workers is very important to gauge. In terms of profitability, gross margin is 0.7%, operating margin of -272.14%, and the pretax margin is -268.92%.
Open Lending Corp (LPRO) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of Open Lending Corp is 9.24%, while institutional ownership is 69.99%.
Open Lending Corp (LPRO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 101.75% per share during the next fiscal year.
Open Lending Corp (NASDAQ: LPRO) Trading Performance Indicators
Here are Open Lending Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.09. Likewise, its price to free cash flow for the trailing twelve months is 8.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.13, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Open Lending Corp (LPRO)
The latest stats from [Open Lending Corp, LPRO] show that its last 5-days average volume of 9.05 million was superior to 1.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.03%. Additionally, its Average True Range was 0.34.
During the past 100 days, Open Lending Corp’s (LPRO) raw stochastic average was set at 0.00%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 348.61% in the past 14 days, which was higher than the 153.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.5677, while its 200-day Moving Average is $5.4984. Now, the first resistance to watch is $1.1133. This is followed by the second major resistance level at $1.2067. The third major resistance level sits at $1.2533. If the price goes on to break the first support level at $0.9733, it is likely to go to the next support level at $0.9267. Assuming the price breaks the second support level, the third support level stands at $0.8333.
Open Lending Corp (NASDAQ: LPRO) Key Stats
With a market capitalization of 122.18 million, the company has a total of 119,350K Shares Outstanding. Currently, annual sales are 117,460 K while annual income is 22,070 K. The company’s previous quarter sales were 23,480 K while its latest quarter income was 1,440 K.
