OpenTable, Inc. (OPEN) continues to surge on Friday as ticker demonstrates relative strength against broader market pull back. The shares are higher on the session by more than 4%, currently trading above $72 p/sh. OPEN has been on fire in 2010, gaining more than 156%. The stock, whose market cap currently stands at $1.66 billion, has recently rallied along the support of its $64.96, 50-day MA, pushing through former resistance at the mid-$67 level.
OPEN trades at a trailing P/E of 142.47, a forward P/E of 69.32, and a P/E to growth ratio of 2.
More than 567K shares have traded hands so far into the session versus 12-week day average volume of 686,000 shares.
At last check, OPEN shares were up $3.16 to $72.22, a gain of 4.60%.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply