Overall market sentiment has been down on LendingClub Corp (LC) stock lately. LC receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
LendingClub Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LC!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LC Stock Today?
LendingClub Corp (LC) stock is lower by -2.98% while the S&P 500 has risen 0.3% as of 12:59 PM on Monday, Mar 6. LC is lower by -$0.28 from the previous closing price of $9.40 on volume of 281,075 shares. Over the past year the S&P 500 has fallen -3.41% while LC is lower by -37.70%. LC earned $2.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.27.
More About LendingClub Corp
LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offer loan products such as personal, education and patient finance, small business and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.
Click Here to get the full Stock Report for LendingClub Corp stock.
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