Open Lending Corp (NASDAQ: LPRO) is -66.67% 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 $2.00 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.99, the stock is 45.98% and -9.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing -0.50% at the moment leaves the stock -59.21% off its SMA200. LPRO registered -66.27% loss for a year compared to 6-month loss of -66.27%.
The stock witnessed a 115.44% gain in the last 1 month and extending the period to 3 months gives it a -65.51%, and is 28.39% up 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 12.25% over the week and 13.14% over the month.
Open Lending Corp (LPRO) has around 205 employees, a market worth around $238.37M and $17.67M in sales. Fwd P/E is 24.88. Profit margin for the company is -789.27%. Distance from 52-week low is 184.29% and -71.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-65.39%).
The EPS is expected to grow by 100.00% this year
The shares outstanding are 119.78M, and float is at 108.29M with Short Float at 3.16%.
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 9.0161 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.8 million shares representing 8.219 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
The most recent transaction is an insider purchase by Buss Jessica E, the company’s Chief Executive Officer. SEC filings show that Buss Jessica E bought 12,975 shares of the company’s common stock on May 12 ’25 at a price of $1.93 per share for a total of $24996.0. Following the purchase, the insider now owns 46446.0 shares.