Opendoor Technologies Inc (NASDAQ:OPEN) currently has a daily average trading volume of 74.86M but it saw 61181008 shares traded in last market. With a market cap of 412.83M USD, the company’s current market price of $0.57 came rising about 0.21 while comparing to the previous closing price of $0.56. 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 $0.542 while lowest mark touched by it was $0.5785.
Keefe Bruyette issued its recommendations for the stock as it upgraded the price target for the stock is $3.50.
Over the week, OPEN’s stock price is moving 10.54% up while it is -5.13% when we observe its performance for the past one month. Year-to-date it is -69.23% down and over the past year, the stock is showing a downside performance of -64.61%.
The company is expected to be releasing its next quarterly report on 2025-May-06, for which analysts forecasted an EPS of -0.02 while estimate for next year EPS is -0.2. In next quarter, company is expected to be making quarterly sales of $1.22B as analysts are expecting the sales for current fiscal year at $4.91B and seeing the company making $5.84B in sales next year. Moreover, analysts are in estimates of $1.5B for current-quarter revenue.
Currently, Opendoor Technologies Inc’s total number of outstanding shares is 726.84M with 11.42% of that held by the insiders while 49.35% 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 0.64 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -11.02% on average.
#