LendingClub Corporations in-depth stock price analysis indicates that the stock price has rallied 11.71% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 23.7% . Looking at the past 52 week period, the stock price is down -5.11% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of LendingClub Corporation has a negative value of -36.75 compared to overall market performance. LendingClub Corporation (NYSE:LC) has climbed 5.36% in the past week and advanced 19.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.51% and the outperformance has advanced to 16.94% for the last 4 weeks period.
LendingClub Corporation (NYSE:LC) : On Friday heightened volatility was witnessed in LendingClub Corporation (NYSE:LC) which led to swings in the share price. The stock opened for trading at $6.46 and hit $6.72 on the upside , eventually ending the session at $6.68, with a gain of 3.57% or 0.23 points. The heightened volatility saw the trading volume jump to 8,582,915 shares. The 52-week high of the share price is $9.8 and the company has a market cap of $2,634 million. The 52-week low of the share price is at $3.44 .
LendingClub Corp Last issued its quarterly earnings results on Nov 7, 2016. The company reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $-0.07. The company had revenue of $112.60 million for the quarter, compared to analysts expectations of $103.39 million. The companys revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.04 EPS.
Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Sameer Gulati (Chief Operations Officer) sold 6,921 shares at 6.07 per share price.On Jan 20, 2017, John Macilwaine (Chief Technology Officer) sold 25,000 shares at 5.48 per share price.On Nov 30, 2016, Thomas W Casey (Chief Financial Officer) sold 5,283 shares at 5.84 per share price.
LendingClub Corporation provides internet financial services. The Company offers online marketplace for loan approval, pricing, servicing and support operations as well as regulatory and legal framework which connects borrowers and investors. LendingClub Corporation is headquartered in San Francisco, California.