For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
LoanDepot Inc (NYSE: LDI) closed the day trading at $1.62 down -4.14% from the previous closing price of $1.69. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 0.59 million shares were traded. LDI stock price reached its highest trading level at $1.6801 during the session, while it also had its lowest trading level at $1.61.
Ratios:
For a better understanding of LDI, let’s 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 529741600 and an Enterprise Value of 5100340224. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 4.697.
Stock Price History:
The Beta on a monthly basis for LDI is 3.02, which has changed by -0.34749037 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, LDI has reached a high of $3.22, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -18.20%, while the 200-Day Moving Average is calculated to be -25.55%.
Shares Statistics:
Over the past 3-months, LDI traded about 853.60K shares per day on average, while over the past 10 days, LDI traded about 508730 shares per day. A total of 90.51M shares are outstanding, with a floating share count of 72.84M. Insiders hold about 62.66% of the company’s shares, while institutions hold 13.94% stake in the company. Shares short for LDI as of 1736899200 were 1781808 with a Short Ratio of 2.09, compared to 1734048000 on 1676632. Therefore, it implies a Short% of Shares Outstanding of 1781808 and a Short% of Float of 2.5899999.
