In the meantime, A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid March from “a Buy” to “a Hold”. Needham also remained covering LPRO and has increased its forecast on January 29, 2025 with a “Buy” recommendation from previously “Hold” rating. Needham revised its rating on July 22, 2024. It rated LPRO as “a Hold” which previously was an “a Buy”.
Price Performance Review of LPRO
On Monday, Open Lending Corp [NASDAQ:LPRO] saw its stock jump 1.93% to $0.85. Over the last five days, the stock has gained 0.16%. Open Lending Corp shares have fallen nearly -85.76% since the year began. Nevertheless, the stocks have fallen -82.14% over the past one year. While a 52-week high of $6.97 was reached on 02/06/25, a 52-week low of $0.70 was recorded on 04/11/25. SMA at 50 days reached $3.5335, while 200 days put it at $5.2608.
Levels Of Support And Resistance For LPRO Stock
The 24-hour chart illustrates a support level at 0.7909, which if violated will result in even more drops to 0.7317. On the upside, there is a resistance level at 0.9283. A further resistance level may holdings at 1.0065. The Relative Strength Index (RSI) on the 14-day chart is 15.37, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1238, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.57%. Stochastics %K at 7.36% indicates the stock is a buying.
How much short interest is there in Open Lending Corp?
A steep rise in short interest was recorded in Open Lending Corp stocks on 2025-03-31, dropping by -0.16 million shares to a total of 2.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 3.14 million shares. There was a decline of -5.38%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 07, 2024 when BTIG Research began covering the stock and recommended ‘”a Neutral”‘ rating .
