Opendoor Technologies Inc (NASDAQ:OPEN) currently has a daily average trading volume of 48.36M but it saw 91290837 shares traded in last market. With a market cap of 635.59M USD, the company’s current market price of $0.87 came rising about 24.36 while comparing to the previous closing price of $0.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.09 and as low as $0.70.
Taking a look at 20-day trading activity of Opendoor Technologies Inc (OPEN) gives us an average price of $0.8632, while its current price level is -71.78% below from 52-week high level whereas it is 24.57% 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 $1.0448 while that of 200 days or SMA-200 reads an average of $1.6423. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.17% during that period while stretching the period over a month that increases to 11.04%. 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 47.76 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 14.99% up while it is -15.34% when we observe its performance for the past one month. Year-to-date it is -45.50% down and over the past year, the stock is showing a downside performance of -60.54%.
Currently, Opendoor Technologies Inc’s total number of outstanding shares is 726.84M with 10.52% of that held by the insiders while 52.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -16.55% and return on equity (ROE) at -47.67%. Stock’s beta reads 2.87. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 0.12. Its return on asset (ROA) is -11.02% on average.
