Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. LoanDepot Inc’s current trading price is -51.63% away from its 52-week high, while its distance from the 52-week low is 2.63%. The stock’s price range during this period has varied between $1.52 and $3.22. The company, active in the Financial sector, saw a trading volume of around 1.29 million for the day, considerably higher average daily volume of 0.77 million observed over the last three months.
LoanDepot Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.22 on 09/18/24, and the lowest price during the same period was recorded at $1.52 on 07/05/24.
How Financial Performance Impacts Market Capitalization
LoanDepot Inc (LDI) has experienced a quarterly decline of -41.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 510.12M and boasts a workforce of 5297 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.1316, with a change in price of -1.4500. Similarly, LoanDepot Inc recorded 790,575 in trading volume during the last 100 days, posting a change of -48.33%.
How LDI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LDI stands at 14.65. Similarly, the long-term debt-to-equity ratio is also 5.34.
LDI Stock Stochastic Average
As of today, the raw stochastic average of LoanDepot Inc over the past 50 days is 1.20%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 3.08%. Additionally, the Stochastic %K and %D values for the company were 18.67% and 27.92%, respectively, over the past 20 days.
LDI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -23.53%.However, over the last six months, we can see a stronger performance of -32.76%. Over the last 30 days, the price of LDI has leaped by -4.29%. And in the last five days, it has fallen by -7.14%.
