Loandepot Inc (LDI) stock is up 9.15% in the past week and has a bullish rating of Investor Watchers Sentiment indicator.
What is stock vote?
Sentiment uses short-term technical analysis to gauge whether investors want a stock. As a technical indicator, it focuses on recent trends versus the long-term health of the underlying company. Updates for the company, such as a profit release, can dissuade the stock from current trends.
Recent trends are a good indicator of current market sentiment. In their simplest form, stocks that are rising are desirable to investors, while stocks that are currently falling must be unattractive.
InvestorsObserver‘s Sentimental Indicator tracks both price and volume changes to analyze the latest trends. Typically, an increase in volume indicates that ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent the current sentiment for a particular stock. Because options allow investors to bet on future trends in stocks, we consider the ratio of calls to puts when analyzing market sentiment.
What happens to LDI stocks today?
Loandepot Inc (LDI) stock trades at $ 15.50 at 11:02 a.m. on Tuesday, June 1st, a loss of – $ 1.45, or -8.55%, from its previous closing price of 16, 95 USD equals. The stock traded between $ 15.41 and $ 16.49 today. The volume is low today. 185,702 shares have been traded to date, compared to an average volume of 344,193 shares.
To see Investor WatchersClick here for the Sentiment Score for Loandepot Inc.
More about Loandepot Inc.
kreditDepot Inc was incorporated in Delaware on July 10, 2015. The company provides retail credit solutions to individuals in the United States. It offers personal, residential, home refinance, mortgage, and home equity loans. It also offers online mortgage loans for refinancing and home purchases. It serves customers through distribution channels including consumer directorial centers, retail stores, wholesale centers, and consumer finance and service centers in the United States. It competes with commercial banks and financial institutions. The company is subject to state laws and regulations.
For the full stock valuation report on Loandepot Inc (LDI) stock, click here.