LendingTree Stock 10.89% Up On Wednesday

(VIANEWS) – The NASDAQ ended the session with LendingTree jumping 10.89% to $16.19 on Wednesday, following the last session’s upward trend. NASDAQ rose 2.37% to $14,094.38, following the last session’s downward trend on what was an all-around positive trend exchanging session today.

LendingTree’s last close was $14.60, 69.47% below its 52-week high of $47.82.

About LendingTree

LendingTree, Inc., through its subsidiary, LT Intermediate Company, LLC, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, reverse mortgage, and home equity loans; lines of credit; and real estate brokerage services. The Consumer segment provides credit cards; personal, small business, student, and auto loans; deposit accounts; and other credit products, such as credit repair and debt settlement services. The Insurance segment includes information, tools, and access to insurance quote products, including home and automobile, through which consumers are matched with insurance lead aggregators to obtain insurance offers. In addition, the company offers QuoteWizard.com, a marketplace for insurance comparison; ValuePenguin, a personal finance website that offers consumers objective analysis on various financial topics from insurance to credit cards; and Stash, a consumer investing and banking platform that offers a suite of personal investment accounts, traditional and Roth IRAs, custodial investment accounts, and banking services, including checking accounts and debit cards with a Stock-Back rewards program. The company was formerly known as Tree.com, Inc. and changed its name to LendingTree, Inc. in January 2015. LendingTree, Inc. was incorporated in 1996 and is based in Charlotte, North Carolina.

Earnings Per Share

As for profitability, LendingTree has a trailing twelve months EPS of $-11.27.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -94.15%.

Sales Growth

LendingTree’s sales growth is negative 33% for the current quarter and negative 28.4% for the next.

Moving Average

LendingTree’s value is way above its 50-day moving average of $14.64 and way below its 200-day moving average of $23.17.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Dec 12, 2012, the estimated forward annual dividend yield is 4.91%.

Yearly Top and Bottom Value

LendingTree’s stock is valued at $16.19 at 02:29 EST, way below its 52-week high of $47.82 and way above its 52-week low of $10.12.

More news about LendingTree (TREE).

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