Openlane Inc (NYSE:KAR) price on Thursday, July 03, rose 1.06% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $25.8.
A look at the stock’s price movement, the close in the last trading session was $25.53, moving within a range at $25.225 and $25.8. The beta value (5-Year monthly) was 1.41 while the PE ratio in trailing twelve months stood at 44.22. Turning to its 52-week performance, $25.61 and $15.44 were the 52-week high and 52-week low respectively. Overall, KAR moved 9.32% over the past month.
Openlane Inc’s market cap currently stands at around $2.77 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that KAR is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend KAR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
KAR’s current price about 9.55% and 16.72% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 77.56, while 7-day volatility ratio is 2.84% and 2.33% in the 30-day chart. Further, Openlane Inc (KAR) has a beta value of 1.40. Analysts have given the company’s stock an average 52-week price target of $26, forecast between a low of $26 and high of $26. Looking at the price targets, the low is -0.78% off current price level while to achieve the yearly target high, price needs to move -0.78%. Nonetheless, investors will most likely welcome a -0.78% jump to $26 which is the analysts’ median price.
If we refocus on Openlane Inc (NYSE:KAR), historical trading data shows that trading volumes averaged 1.02 over the past 10 days and 848.12K over the past 3 months. The company’s latest data on shares outstanding shows there are 107.35 million shares.
The 1.76% of Openlane Inc’s shares are in the hands of company insiders while institutional holders own 102.90% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.45 million on 2025-06-13, giving us a short ratio of 6.36. The data shows that as of 2025-06-13 short interest in Openlane Inc (KAR) stood at 581.0 of shares outstanding, with shares short falling to 4.52 million registered in 2025-05-15. Current price change has pushed the stock 57.61% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the KAR stock continues to rise going into the next quarter.
