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LoanDepot Inc (NYSE: LDI) closed the day trading at $2.42 down -8.33% from the previous closing price of $2.64. In other words, the price has decreased by -$8.33 from its previous closing price. On the day, 1.2 million shares were traded. LDI stock price reached its highest trading level at $2.685 during the session, while it also had its lowest trading level at $2.37.
Ratios:
For a better understanding of LDI, let’s 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 Oct 01 ’24 when Walsh Jeff Alexander sold 36,811 shares for $2.66 per share. The transaction valued at 97,917 led to the insider holds 4,035,317 shares of the business.
Walsh Jeff Alexander sold 29,859 shares of LDI for $80,022 on Oct 02 ’24. The President, LDI Mortgage now owns 4,005,458 shares after completing the transaction at $2.68 per share. On Oct 01 ’24, another insider, Jeffrey A. Walsh, who serves as the Officer of the company, bought 133,336 shares for $2.69 each.
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 786872640 and an Enterprise Value of 5037805568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 5.526.
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 -5.62%, while the 200-Day Moving Average is calculated to be -0.76%.
Shares Statistics:
Over the past 3-months, LDI traded about 734.82K shares per day on average, while over the past 10 days, LDI traded about 566920 shares per day. A total of 84.03M shares are outstanding, with a floating share count of 66.08M. Insiders hold about 64.31% of the company’s shares, while institutions hold 13.18% stake in the company. Shares short for LDI as of 1726185600 were 2659126 with a Short Ratio of 3.62, compared to 1723680000 on 2397855. Therefore, it implies a Short% of Shares Outstanding of 2659126 and a Short% of Float of 4.5100003.
