During the last session, Opendoor Technologies Inc (NASDAQ:OPEN)’s traded shares were 17.28 million, with the beta value of the company hitting 2.72. At the end of the trading day, the stock’s price was $2.07, reflecting an intraday loss of -3.72% or -$0.08. The 52-week high for the OPEN share is $5.41, that puts it down -161.35 from that peak though still a striking 39.61% gain since the share price plummeted to a 52-week low of $1.25. The company’s market capitalization is $1.41B, and the average trade volume was 17.97 million shares over the past three months.
Opendoor Technologies Inc (NASDAQ:OPEN) trade information
Opendoor Technologies Inc (OPEN) registered a -3.72% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.72% in intraday trading to $2.07, hitting a weekly high. The stock’s 5-day price performance is -3.94%, and it has moved by -28.87% in 30 days. Based on these gigs, the overall price performance for the year is 55.64%.
Opendoor Technologies Inc (OPEN) estimates and forecasts
Statistics show that Opendoor Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. Opendoor Technologies Inc (OPEN) shares have gone down -5.91% during the last six months, with a year-to-date growth rate more than the industry average at 50.42% against 18.50. In the rating firms’ projections, revenue will decrease -16.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.09B as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 1.48B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.12B and 1.98B respectively. In this case, analysts expect current quarter sales to shrink by -64.90% and then drop by -25.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 44.03%. While earnings are projected to return -76.34% in 2024, the next five years will return 5.20% per annum.
OPEN Dividends
Opendoor Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
