Checking the Overall Picture for LendingClub Corporation (LC)

LendingClub Corporation (LC) is an interesting player in the Financial space, with a focus on Credit Services. The stock has been active on the tape, currently trading at $3.80, down from yesterday’s close by -4.76%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

LendingClub Corporation (LC) currently trades with a market capitalization of $1.57 Billion. That value represents a market adjusting for revenues that have been falling by -5.39 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$197.1 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.01 on a per share basis this quarter. Perhaps, that suggests something about why 2.16% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, LendingClub Corporation recorded a 52-week high of $6.56. It is now trading 2.76% off that level. The stock is trading $3.90 its 50-day moving average by 0.1%. The stock carved out a 52-week low down at $3.09.

In recent action, LendingClub Corporation (LC) has made a move of +1.33% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 16.68, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.87% with $396.95 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LC.

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