Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The closing price of LoanDepot Inc (NYSE: LDI) was $1.73 for the day, up 5.49% from the previous closing price of $1.64. In other words, the price has increased by $5.49 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
Our analysis of LDI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.04.
Stock Price History:
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 -0.38%, while the 200-Day Moving Average is calculated to be -18.03%.
Shares Statistics:
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 16.25% stake in the company.
