Open Lending Corp Stock Price History

LPRO Stock  USD 6.08  0.04  0.65%   
Below is the normalized historical share price chart for Open Lending Corp extending back to March 06, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Open Lending stands at 6.08, as last reported on the 11th of December 2024, with the highest price reaching 6.08 and the lowest price hitting 6.08 during the day.
IPO Date
6th of March 2018
200 Day MA
5.9578
50 Day MA
5.9935
Beta
1.13
 
Covid
If you're considering investing in Open Stock, it is important to understand the factors that can impact its price. Open Lending appears to be slightly risky, given 3 months investment horizon. Open Lending Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0685, which implies the firm had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Open Lending Corp, which you can use to evaluate the volatility of the company. Please evaluate Open Lending's Semi Deviation of 2.96, risk adjusted performance of 0.0518, and Coefficient Of Variation of 1642.14 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Open Lending's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock is likely to grow to about 1.3 M, while Common Stock Shares Outstanding is likely to drop about 107.5 M. . At this time, Open Lending's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings Ratio is likely to grow to 48.92, though Price Earnings To Growth Ratio is likely to grow to (0.67). Open Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0685

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Estimated Market Risk

 3.32
  actual daily
29
71% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Open Lending is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Open Lending by adding it to a well-diversified portfolio.
Price Book
3.3673
Enterprise Value Ebitda
33.6514
Price Sales
7.742
Shares Float
88.3 M
Wall Street Target Price
7.25

Open Lending Stock Price History Chart

There are several ways to analyze Open Stock price data. The simplest method is using a basic Open candlestick price chart, which shows Open Lending price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 20246.75
Lowest PriceOctober 25, 20245.35

Open Lending December 11, 2024 Stock Price Synopsis

Various analyses of Open Lending's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Open Stock. It can be used to describe the percentage change in the price of Open Lending from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Open Stock.
Open Lending Price Rate Of Daily Change 0.99 
Open Lending Price Action Indicator(0.02)

Open Lending December 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Open Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Open Lending intraday prices and daily technical indicators to check the level of noise trading in Open Stock and then apply it to test your longer-term investment strategies against Open.

Open Stock Price History Data

The price series of Open Lending for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 1.4 with a coefficient of variation of 5.95. The daily prices for the period are spread out with arithmetic mean of 5.96. The median price for the last 90 days is 5.95.
OpenHighLowCloseVolume
12/11/2024
 6.12  6.08  6.08  6.08 
12/10/2024 6.20  6.24  6.06  6.12  263,083 
12/09/2024 5.90  6.26  5.87  6.22  224,732 
12/06/2024 5.80  5.91  5.76  5.86  184,228 
12/05/2024 5.91  5.94  5.71  5.71  226,321 
12/04/2024 5.95  6.10  5.91  5.95  229,160 
12/03/2024 6.37  6.42  5.93  5.98  259,218 
12/02/2024 6.38  6.45  6.29  6.36  287,001 
11/29/2024 6.49  6.49  6.36  6.38  201,303 
11/27/2024 6.41  6.46  6.28  6.40  214,480 
11/26/2024 6.45  6.55  6.31  6.36  267,675 
11/25/2024 6.56  6.63  6.46  6.48  361,478 
11/22/2024 6.43  6.54  6.34  6.47  347,079 
11/21/2024 6.28  6.42  6.20  6.36  221,372 
11/20/2024 6.15  6.23  6.06  6.23  287,247 
11/19/2024 6.06  6.20  6.03  6.19  271,157 
11/18/2024 6.27  6.30  6.07  6.18  263,045 
11/15/2024 6.38  6.45  6.14  6.27  323,396 
11/14/2024 6.67  6.67  6.13  6.31  579,297 
11/13/2024 6.41  6.80  6.34  6.66  708,396 
11/12/2024 6.27  6.48  6.13  6.30  499,198 
11/11/2024 5.91  6.42  5.82  6.37  473,318 
11/08/2024 6.13  6.40  5.79  5.90  787,515 
11/07/2024 6.75  6.86  6.63  6.75  564,874 
11/06/2024 6.80  6.92  6.50  6.74  809,985 
11/05/2024 6.09  6.36  6.09  6.36  380,319 
11/04/2024 5.80  6.14  5.71  6.14  389,257 
11/01/2024 5.66  5.90  5.63  5.84  507,988 
10/31/2024 5.49  5.66  5.40  5.60  403,524 
10/30/2024 5.49  5.71  5.49  5.49  137,218 
10/29/2024 5.43  5.53  5.29  5.50  212,898 
10/28/2024 5.38  5.66  5.38  5.51  276,038 
10/25/2024 5.48  5.49  5.33  5.35  278,958 
10/24/2024 5.46  5.62  5.38  5.41  349,104 
10/23/2024 5.50  5.57  5.31  5.47  358,678 
10/22/2024 5.57  5.59  5.46  5.51  279,276 
10/21/2024 5.69  5.69  5.52  5.56  235,174 
10/18/2024 5.84  5.86  5.70  5.71  181,727 
10/17/2024 5.95  5.99  5.76  5.80  141,005 
10/16/2024 6.01  6.05  5.95  5.97  428,313 
10/15/2024 5.88  6.13  5.86  5.93  408,540 
10/14/2024 5.72  5.88  5.68  5.85  233,475 
10/11/2024 5.70  5.75  5.61  5.73  204,219 
10/10/2024 5.69  5.69  5.58  5.62  272,241 
10/09/2024 5.87  5.93  5.74  5.80  196,000 
10/08/2024 5.79  5.84  5.73  5.78  209,462 
10/07/2024 5.82  5.87  5.74  5.82  195,400 
10/04/2024 5.91  5.94  5.81  5.88  218,697 
10/03/2024 5.77  5.83  5.70  5.75  191,697 
10/02/2024 5.86  5.96  5.78  5.84  155,970 
10/01/2024 6.14  6.21  5.85  5.91  261,204 
09/30/2024 6.40  6.46  6.12  6.12  390,175 
09/27/2024 6.22  6.60  6.22  6.43  387,705 
09/26/2024 6.19  6.20  6.04  6.13  353,212 
09/25/2024 6.09  6.19  6.02  6.07  343,679 
09/24/2024 6.00  6.13  5.98  6.09  291,958 
09/23/2024 6.05  6.06  5.85  5.96  349,694 
09/20/2024 6.18  6.20  5.91  6.05  1,266,651 
09/19/2024 6.19  6.20  6.00  6.18  268,937 
09/18/2024 5.81  6.16  5.79  5.99  321,302 
09/17/2024 5.60  5.91  5.60  5.85  317,085 

About Open Lending Stock history

Open Lending investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Open is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Open Lending Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Open Lending stock prices may prove useful in developing a viable investing in Open Lending
Last ReportedProjected for Next Year
Common Stock Shares Outstanding121.5 M107.5 M
Net Income Applicable To Common Shares76.6 M80.4 M

Open Lending Quarterly Net Working Capital

271.2 Million

Open Lending Stock Technical Analysis

Open Lending technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Open Lending technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Open Lending trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Open Lending Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Open Lending's price direction in advance. Along with the technical and fundamental analysis of Open Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Open to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Open Lending Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Lending's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Lending Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Lending Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Open Lending Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Diversified Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Lending. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Lending listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.04
Revenue Per Share
0.805
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0079
The market value of Open Lending Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Lending's value that differs from its market value or its book value, called intrinsic value, which is Open Lending's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Lending's market value can be influenced by many factors that don't directly affect Open Lending's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Lending's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Lending is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Lending's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.