InvestorsObserver
×
News Home

Is Loandepot Inc (LDI) a Stock to Watch After Gaining 9.15% This Week?

Tuesday, June 01, 2021 11:04 AM | InvestorsObserver Analysts

Mentioned in this article

Is Loandepot Inc (LDI) a Stock to Watch After Gaining 9.15% This Week?

Loandepot Inc (LDI) stock is higher by 9.15% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,bullish
Loandepot Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LDI!

What is Stock Sentiment?

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.

Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.

InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.

Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With LDI Stock Today?

Loandepot Inc (LDI) stock is trading at $15.50 as of 11:02 AM on Tuesday, Jun 1, a loss of -$1.45, or -8.55% from the previous closing price of $16.95. The stock has traded between $15.41 and $16.49 so far today. Volume today is low. So far 185,702 shares have traded compared to average volume of 344,193 shares.

To see InvestorsObserver's Sentiment Score for Loandepot Inc click here.

More About Loandepot Inc

loanDepot Inc was incorporated in Delaware on July 10, 2015. The Company provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loan. It also provides online mortgage loans for refinancing and home purchase. It serves customers through distribution channels, including consumer direct centers, retail branches, wholesale centers, and consumer finance and servicing centers in the United States. It competes with commercial banks and financial institutions. The Company is subject to governmental laws and regulations.

Click Here to get the full Stock Score Report on Loandepot Inc (LDI) Stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App