(VIANEWS) – Shares of LendingTree (NASDAQ: TREE) slid by a staggering 16.97% in 7 days from $32.46 to $26.95 at 15:35 EST on Thursday, after five sequential sessions in a row of losses. NASDAQ is falling 1.04% to $11,103.21, after two consecutive sessions in a row of losses.
LendingTree’s last close was $28.69, 82.58% below its 52-week high of $164.69.
LendingTree, Inc. operates an online platform for consumers in the United States through its subsidiary, LT Intermediate Company, LLC. The company operates in three areas: Consumer, Home and Insurance. Refinance, reverse mortgage and purchase mortgage are all available in the Home segment. Lines of credit and brokerage services can also be offered. Credit cards, personal, small-business, student and auto loans are all available in the Consumer segment. Deposit accounts can also be offered. Information, tools and access to insurance products are available through the Insurance segment. This allows consumers to match with lead aggregators and receive insurance quotes. LendingTree, Inc. operates Student Loan Hero, a website to help student loan borrowers manage student loans; QuoteWizard.com, a website for insurance comparisons; ValuePenguin, a website offering objective analysis of various financial topics, from insurance to credit card; and Stash, a platform for consumer banking and investing that provides a range of banking services, such as checking accounts, debit cards and stock-back rewards programs. In January 2015, the company, formerly Tree.com, Inc., was changed to LendingTree, Inc. LendingTree, Inc. is located in Charlotte, North Carolina.
Today’s last reported volume for LendingTree is 180645 which is 31.22% below its average volume of 262642.
LendingTree’s sales growth is a negative 13.4% for the ongoing quarter and a decline by 8.9% for the next. The company’s growth estimates for the current quarter is a negative 21.3% and positive 350% for the next.
Year-on-year quarterly revenue growth declined by 3%, now sitting on 1.1B for the twelve trailing months.
LendingTree’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.87%, a negative 1.77%, and a positive 4.15%, respectively.
LendingTree’s highest amplitude of average volatility was 3.53% (last week), 4.58% (last month), and 4.15% (last quarter), respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
LendingTree’s stock is considered to be overbought (>=80).
LendingTree’s Stock Yearly Top and Bottom Value
LendingTree’s stock is valued at $26.95 at 15:35 EST, below its 52-week low of $28.64.
LendingTree’s Moving Average
LendingTree’s value is way below its 50-day moving average of $40.76 and way below its 200-day moving average of $83.67.
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