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As of close of business last night, LoanDepot Inc’s stock clocked out at $2.77, down -1.42% from its previous closing price of $2.81. In other words, the price has decreased by -$1.42 from its previous closing price. On the day, 1.29 million shares were traded. LDI stock price reached its highest trading level at $2.86 during the session, while it also had its lowest trading level at $2.66.
Ratios:
To gain a deeper understanding of LDI’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 7.70 whereas as Long-Term Debt/Eq ratio is at 3.37.
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 06 ’24 when Walsh Jeff Alexander sold 66,666 shares for $2.53 per share. The transaction valued at 168,665 led to the insider holds 3,938,792 shares of the business.
Hsieh Anthony Li sold 255,428 shares of LDI for $539,209 on Oct 31 ’24. The Director now owns 7,672,258 shares after completing the transaction at $2.11 per share. On Nov 01 ’24, another insider, Hsieh Anthony Li, who serves as the Director of the company, sold 192,298 shares for $2.08 each. As a result, the insider received 400,153 and left with 7,479,960 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 893524416 and an Enterprise Value of 5320948736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 4.9.
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 $1.35. The 50-Day Moving Average of the stock is 13.94%, while the 200-Day Moving Average is calculated to be 19.48%.
Shares Statistics:
It appears that LDI traded 896.80K shares on average per day over the past three months and 1079580 shares per day over the past ten days. A total of 84.03M shares are outstanding, with a floating share count of 65.34M. Insiders hold about 65.53% of the company’s shares, while institutions hold 13.67% stake in the company. Shares short for LDI as of 1728950400 were 2499020 with a Short Ratio of 2.52, compared to 1726185600 on 2659126. Therefore, it implies a Short% of Shares Outstanding of 2499020 and a Short% of Float of 4.21.