Open door stock price fundamentals show open door stock price

Fundamentals show open door stock price valuation remains compressed at a 0.6 price-to-sales ratio, leaving room for multiple expansion if transaction volumes stabilize in 2024’s Q4 forecast. Looking at Linde through the lens of its price-to-earnings ratio, investors see a premium valuation. At 32.6 times earnings, Linde trades richer than both the US Chemicals industry average of 25.9 and its fair ratio of 26.1. This signals that confidence and perhaps expectations are already priced in. Is there real upside left, or does this premium carry risks? Shares of technology real estate company Opendoor (NASDAQ:OPEN) jumped 7% in the afternoon session after CEO Kaz Nejatian stated the company was on the verge of “shipping a relatively big change.” With short interest in open door stock price declining to 9%, buying pressure could intensify if momentum builds and skeptics continue exiting positions.