Open Lending Corp (NASDAQ:LPRO) shares, rose in value on Wednesday, April 16, with the stock price down by -5.02% to the previous day’s close as strong demand from buyers drove the stock to $0.85.
Actively observing the price movement in the last trading, the stock closed the session at $0.90, falling within a range of $0.7979 and $0.8801. The value of beta (5-year monthly) was 1.57. Referring to stock’s 52-week performance, its high was $6.97, and the low was $0.70. On the whole, LPRO has fluctuated by -75.60% over the past month.
With the market capitalization of Open Lending Corp currently standing at about $101.85 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LPRO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LPRO currently trading nearly -53.10% and -77.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 14.73, while the 7-day volatility ratio is showing 17.86% which for the 30-day chart, stands at 17.57%. Furthermore, Open Lending Corp (LPRO)’s beta value is 1.94, and its average true range (ATR) is 0.25.
A comparison of Open Lending Corp (LPRO) with its peers suggests the former has fared considerably weaker in the market. LPRO showed an intraday change of -5.02% in last session, and over the past year, it shrunk by -82.68%%.
Data on historical trading for Open Lending Corp (NASDAQ:LPRO) indicates that the trading volumes over the past 10 days have averaged 6.71 and over the past 3 months, they’ve averaged 2.14 million. According to company’s latest data on outstanding shares, there are 119.35 million shares outstanding.
Nearly 9.24% of Open Lending Corp’s shares belong to company insiders and institutional investors own 75.19% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.98 million shares as on 2025-03-31, resulting in a short ratio of 2.61. According to the data, the short interest in Open Lending Corp (LPRO) stood at 345.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.14 million. The stock has fallen by -85.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LPRO stock heading into the next quarter.
