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As of close of business last night, LoanDepot Inc’s stock clocked out at $2.42, up 3.42% from its previous closing price of $2.34. In other words, the price has increased by $3.42 from its previous closing price. On the day, 1.02 million shares were traded. LDI stock price reached its highest trading level at $2.505 during the session, while it also had its lowest trading level at $2.41.
Ratios:
To gain a deeper understanding of LDI’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 21 ’24 when Hsieh Anthony Li sold 279,692 shares for $2.35 per share. The transaction valued at 656,717 led to the insider holds 6,325,758 shares of the business.
Hsieh Anthony Li sold 240,150 shares of LDI for $546,101 on Nov 20 ’24. The Director now owns 6,605,450 shares after completing the transaction at $2.27 per share. On Nov 18 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 200,152 shares for $2.40 each. As a result, the insider received 480,445 and left with 7,009,977 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 791342400 and an Enterprise Value of 5233817600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 4.82.
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 0.45%, while the 200-Day Moving Average is calculated to be 5.01%.
Shares Statistics:
It appears that LDI traded 888.05K shares on average per day over the past three months and 923420 shares per day over the past ten days. A total of 84.03M shares are outstanding, with a floating share count of 70.94M. Insiders hold about 63.64% of the company’s shares, while institutions hold 13.94% stake in the company. Shares short for LDI as of 1730332800 were 2260829 with a Short Ratio of 2.55, compared to 1727654400 on 2637777. Therefore, it implies a Short% of Shares Outstanding of 2260829 and a Short% of Float of 3.81.
