Open Lending Corp (NASDAQ: LPRO) is -84.53% lower on its value in year-to-date trading and has touched a low of $0.70 and a high of $6.97 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LPRO stock was last observed hovering at around $0.85 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $0.92, the stock is -55.56% and -76.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.55 million and changing 8.85% at the moment leaves the stock -82.75% off its SMA200. LPRO registered -82.27% loss for a year compared to 6-month loss of -83.56%. The firm has a 50-day simple moving average (SMA 50) of $3.98148 and a 200-day simple moving average (SMA200) of $5.354645.
The stock witnessed a -78.57% gain in the last 1 month and extending the period to 3 months gives it a -82.06%, and is -6.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.58% over the week and 18.20% over the month.
Open Lending Corp (LPRO) has around 205 employees, a market worth around $110.64M and $24.02M in sales. Fwd P/E is 9.58. Profit margin for the company is -561.98%. Distance from 52-week low is 31.96% and -86.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.21%).
with sales reaching $24.78M over the same period.The EPS is expected to grow by 101.62% this year, but quarterly earnings will post 315.24% year-over-year. Quarterly sales are estimated to shrink -19.41% in year-over-year returns.
Open Lending Corp (LPRO) Top Institutional Holders
185.0 institutions hold shares in Open Lending Corp (LPRO), with institutional investors hold 85.65% of the company’s shares. The shares outstanding are 119.35M, and float is at 108.72M with Short Float at 2.74%. Institutions hold 83.25% of the Float.
The top institutional shareholder in the company is WASATCH ADVISORS LP with over 16.41 million shares valued at $91.56 million. The investor’s holdings represent 13.7642% of the LPRO Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 10.75 million shares valued at $59.97 million to account for 9.0373 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.8 million shares representing 8.2383% and valued at over $54.67 million, while WORKING CAPITAL ADVISORS (UK) LTD. holds 7.6336 of the shares totaling 9.1 million with a market value of $50.78 million.
Open Lending Corp (LPRO) Insider Activity
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