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After finishing at $2.63 in the prior trading day, LoanDepot Inc (NYSE: LDI) closed at $2.62, down -0.38%. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 1.25 million shares were traded. LDI stock price reached its highest trading level at $2.7199 during the session, while it also had its lowest trading level at $2.47.
Ratios:
Our goal is to gain a better understanding of LDI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 14.32 whereas as Long-Term Debt/Eq ratio is at 3.83.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 29 ’24 when Hsieh Anthony Li sold 242,952 shares for $2.69 per share. The transaction valued at 654,221 led to the insider holds 1,994,714 shares of the business.
Hsieh Anthony Li sold 152,794 shares of LDI for $438,931 on Aug 28 ’24. The Director now owns 2,237,666 shares after completing the transaction at $2.87 per share. On Aug 26 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 639,186 shares for $2.97 each. As a result, the insider received 1,895,822 and left with 2,390,460 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 851903424 and an Enterprise Value of 5074838016. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 5.567.
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 $1.14. The 50-Day Moving Average of the stock is 22.45%, while the 200-Day Moving Average is calculated to be 11.52%.
Shares Statistics:
The stock has traded on average 599.54K shares per day over the past 3-months and 1074690 shares per day over the last 10 days, according to various share statistics. A total of 84.03M shares are outstanding, with a floating share count of 66.52M. Insiders hold about 64.43% of the company’s shares, while institutions hold 13.11% stake in the company. Shares short for LDI as of 1723680000 were 2397855 with a Short Ratio of 4.00, compared to 1721001600 on 2355398. Therefore, it implies a Short% of Shares Outstanding of 2397855 and a Short% of Float of 4.0700004.
