LendingClub Corporation (LC) is priced at $8.96 after the most recent trading session. At the very opening of the session, the stock price was $8.55 and reached a high price of $9.09, prior to closing the session it reached the value of $8.46. The stock touched a low price of $8.52.
Recently in News on December 14, 2020, The Salt Lake Tribune Names LendingClub a Winner of The Utah Top Workplaces 2020 Award. LendingClub Corporation (NYSE: LC), America’s leading online lending marketplace connecting borrowers and investors, has been awarded a Top Workplaces 2020 honor by The Salt Lake Tribune. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The anonymous survey uniquely measures 15 drivers of engaged cultures that are critical to the success of any organization: including alignment, execution, and connection, just to name a few. You can read further details here
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LendingClub Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $13.67 on 02/19/20, with the lowest value was $4.32 for the same time period, recorded on 06/26/20.
LendingClub Corporation (LC) full year performance was -30.49%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, LendingClub Corporation shares are logging -34.45% during the 52-week period from high price, and 107.65% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.32 and $13.67.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 2573107 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the LendingClub Corporation (LC) recorded performance in the market was -29.00%, having the revenues showcasing 100.90% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 713.31M, as it employees total of 1538 workers.
Specialists analysis on LendingClub Corporation (LC)
During the last month, 1 analysts gave the LendingClub Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.00, with a change in the price was noted +3.73. In a similar fashion, LendingClub Corporation posted a movement of +71.32% for the period of last 100 days, recording 1,452,745 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LC is recording 1.37 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.37.
Trends and Technical analysis: LendingClub Corporation (LC)
Raw Stochastic average of LendingClub Corporation in the period of last 50 days is set at 83.21%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 62.30%. In the last 20 days, the company’s Stochastic %K was 54.68% and its Stochastic %D was recorded 57.45%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -29.00%. Additionally, trading for the stock in the period of the last six months notably improved by 91.86%, alongside a downfall of -30.49% for the period of the last 12 months. The shares 0.67% in the 7-day charts and went down by 19.79% in the period of the last 30 days. Common stock shares were driven by 100.90% during last recorded quarter.