Opendoor Technologies Inc (NASDAQ:OPEN) currently has a daily average trading volume of 42.58M but it saw 41559559 shares traded in last market. With a market cap of 868.22M USD, the company’s current market price of $1.20 remained unchanged while comparing to the previous closing price of $1.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.23 and as low as $1.07. In the recent trading on the day, stock has struck highest price mark of $1.16 while lowest mark touched by it was $1.23.
Taking a look at 20-day trading activity of Opendoor Technologies Inc (OPEN) gives us an average price of $1.2075, while its current price level is -62.85% below from 52-week high level whereas it is 12.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3448 while that of 200 days or SMA-200 reads an average of $1.8090. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.71% during that period while stretching the period over a month that increases to 8.70%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.31 which implies that the stock is in neutral territory.
Keefe Bruyette upgraded its recommendation for the stock as a “Mkt Perform” from “Underperform” on December 13, 2023 while assigning a price target of $3.50. Deutsche Bank issued its recommendations for the stock as it initiated the price target for the stock is $2.80.
Over the week, OPEN’s stock price is moving 0.84% up while it is -19.46% when we observe its performance for the past one month. Year-to-date it is -25.00% down and over the past year, the stock is showing a downside performance of -59.73%.
Currently, Opendoor Technologies Inc’s total number of outstanding shares is 719.99M with 10.46% of that held by the insiders while 52.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -15.10% and return on equity (ROE) at -46.67%. Stock’s beta reads 2.81. Stock has a price to book (P/B) ratio of 1.21 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is -11.71% on average.
