Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.88 in the prior trading day, LoanDepot Inc (NYSE: LDI) closed at $1.85, down -1.60%. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 1.18 million shares were traded. LDI stock price reached its highest trading level at $1.88 during the session, while it also had its lowest trading level at $1.75.
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 14.65 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:
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 Dec 16 ’24 when LEPORE DAWN G sold 11,161 shares for $2.11 per share. The transaction valued at 23,550 led to the insider holds 194,404 shares of the business.
Hsieh Anthony Li sold 444,618 shares of LDI for $939,033 on Dec 16 ’24. The Director now owns 2,479,960 shares after completing the transaction at $2.11 per share. On Dec 13 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 374,516 shares for $2.08 each. As a result, the insider received 779,368 and left with 2,924,578 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 604951872 and an Enterprise Value of 5142978560. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 4.737.
Stock Price History:
The Beta on a monthly basis for LDI is 3.05, which has changed by -0.38762218 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, LDI has reached a high of $3.50, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -16.18%, while the 200-Day Moving Average is calculated to be -17.61%.
Shares Statistics:
The stock has traded on average 889.57K shares per day over the past 3-months and 934700 shares per day over the last 10 days, according to various share statistics. A total of 90.51M shares are outstanding, with a floating share count of 72.45M. Insiders hold about 62.79% of the company’s shares, while institutions hold 13.94% stake in the company. Shares short for LDI as of 1734048000 were 1676632 with a Short Ratio of 1.88, compared to 1731628800 on 1695917. Therefore, it implies a Short% of Shares Outstanding of 1676632 and a Short% of Float of 2.4300002000000003.
