Openlane Inc (NYSE:KAR) currently has a daily average trading volume of 890.35K but it saw 865459 shares traded in last market. With a market cap of 2.45B USD, the company’s current market price of $22.80 came rising about 0.22 while comparing to the previous closing price of $22.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.86 and as low as $15.44. In the recent trading on the day, stock has struck highest price mark of $22.677 while lowest mark touched by it was $22.94.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the JP Morgan which downgraded the stock as “Neutral” in its note to investors issued on March 27, 2025, recommending a price target of between $23 and $20 for it. Stephens upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on February 28, 2025 while assigning a price target range of $20-$26. Stephens issued its recommendations for the stock as it initiated the price target for the stock is $20.
Over the week, KAR’s stock price is moving 1.47% up while it is 25.00% when we observe its performance for the past one month. Year-to-date it is 14.92% up and over the past year, the stock is showing an upside performance of 36.94%.
Currently, Openlane Inc’s total number of outstanding shares is 107.35M with 1.82% of that held by the insiders while 104.51% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.08% and return on equity (ROE) at 5.46%. It has a price to earnings ratio (P/E ratio) of 39.08 while having a 21.03 of forward P/E ratio. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is 2.23% on average.
