Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of LoanDepot Inc (NYSE: LDI) was $2.26 for the day, up 0.44% from the previous closing price of $2.25. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.76 million shares were traded. LDI stock price reached its highest trading level at $2.305 during the session, while it also had its lowest trading level at $2.21.
Ratios:
Our analysis of LDI’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 14.65 whereas as Long-Term Debt/Eq ratio is at 5.34.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 27 ’24 when Hsieh Anthony Li sold 147,891 shares for $2.29 per share. The transaction valued at 338,123 led to the insider holds 5,536,337 shares of the business.
Hsieh Anthony Li sold 59,484 shares of LDI for $134,969 on Nov 29 ’24. The Director now owns 5,476,853 shares after completing the transaction at $2.27 per share. On Nov 26 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 83,667 shares for $2.34 each. As a result, the insider received 195,613 and left with 5,684,228 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LDI now has a Market Capitalization of 739022208 and an Enterprise Value of 5218986496. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 4.807.
Stock Price History:
Over the past 52 weeks, LDI has reached a high of $3.71, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -4.01%, while the 200-Day Moving Average is calculated to be -1.73%.
Shares Statistics:
LDI traded an average of 849.57K shares per day over the past three months and 656600 shares per day over the past ten days. A total of 90.51M shares are outstanding, with a floating share count of 72.08M. Insiders hold about 63.06% of the company’s shares, while institutions hold 13.94% stake in the company. Shares short for LDI as of 1731628800 were 1695917 with a Short Ratio of 2.00, compared to 1728950400 on 2499020. Therefore, it implies a Short% of Shares Outstanding of 1695917 and a Short% of Float of 2.4600001.
