Opendoor Technologies Inc (NASDAQ:OPEN) currently has a daily average trading volume of 68.48M but it saw 75921200 shares traded in last market. With a market cap of 373.46M USD, the company’s current market price of $0.51 came falling about -6.86 while comparing to the previous closing price of $0.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.09 and as low as $0.51. In the recent trading on the day, stock has struck highest price mark of $0.5111 while lowest mark touched by it was $0.5496.
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 -9.73% down while it is -24.75% when we observe its performance for the past one month. Year-to-date it is -72.90% down and over the past year, the stock is showing a downside performance of -67.99%.
Currently, Opendoor Technologies Inc’s total number of outstanding shares is 726.84M with 11.42% of that held by the insiders while 49.34% 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 2.73. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -11.02% on average.
