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The price of LoanDepot Inc (NYSE: LDI) closed at $2.37 in the last session, down -2.07% from day before closing price of $2.42. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 0.57 million shares were traded. LDI stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $2.36.
Ratios:
We take a closer look at LDI’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Hsieh Anthony Li sold 146,072 shares for $2.52 per share. The transaction valued at 368,101 led to the insider holds 7,333,888 shares of the business.
Hsieh Anthony Li sold 123,759 shares of LDI for $305,685 on Nov 15 ’24. The Director now owns 7,210,129 shares after completing the transaction at $2.47 per share. On Nov 06 ’24, another insider, Walsh Jeff Alexander, who serves as the President, LDI Mortgage of the company, sold 66,666 shares for $2.53 each. As a result, the insider received 168,665 and left with 3,938,792 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 791340608 and an Enterprise Value of 5239378944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 4.825.
Stock Price History:
The Beta on a monthly basis for LDI is 3.11, which has changed by 0.43195271 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. 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 -2.36%, while the 200-Day Moving Average is calculated to be 2.56%.
Shares Statistics:
According to the various share statistics, LDI traded on average about 930.03K shares per day over the past 3-months and 1306650 shares per day over the past 10 days. A total of 84.03M shares are outstanding, with a floating share count of 70.25M. Insiders hold about 63.99% of the company’s shares, while institutions hold 13.95% stake in the company. Shares short for LDI as of 1730332800 were 2260829 with a Short Ratio of 2.43, compared to 1727654400 on 2637777. Therefore, it implies a Short% of Shares Outstanding of 2260829 and a Short% of Float of 3.81.
