LendingClub Corporation (LC) : Net money flow in LendingClub Corporation (LC) was negative ($4.69 million) and the inflow of money on uptick was $5.28 million, whereas, the outflow of money on downticks amounted to $9.97 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.53. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.22 million. On the other hand, the total value of block trades done on downticks was $4.21 million. The ratio of uptick to downtick block trades was 0.29. The money flow in block trades was negative ($2.99). LendingClub Corporation (LC) gained $0.11 cent during the day and reached $4.6, a gain of 2.45% over the previous day.
LendingClub Corporation has dropped 38.91% during the last 3-month period . Year-to-Date the stock performance stands at -58.37%. Shares of LendingClub Corporation appreciated by 5.26% during the last five trading days but lost 7.26% on a 4-week basis. In a related news, Gulati Sameer, Officer (Chief Operations Officer) of LendingClub Corp, unloaded 8,072 shares at an average price of $4.29 on June 27, 2016. The total amount of the transaction was worth $34,629, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
LendingClub Corporation (NYSE:LC): stock turned positive on Monday. Though the stock opened at $4.56, the bulls momentum made the stock top out at $4.67 level for the day. The stock recorded a low of $4.47 and closed the trading day at $4.6, in the green by 2.45%. The total traded volume for the day was 11,441,800. The stock had closed at $4.49 in the previous days trading.
LendingClub Corporation (Lending Club) is engaged in providing online marketplace for connecting borrowers and investors. The Companys online marketplace connects borrowers. Lending Clubs marketplace allows borrowers and investors to engage in transactions relating to standard or custom program loans. The Companys standard program loans are a part of the standard loan program. The standard program loans are three- or five-year unsecured personal loans which are offered to borrowers. These loans can be invested in through the purchase of notes issued pursuant to a Note Registration Statement, and are available through the Companys Website. The custom program loans include small business loans, super prime consumer loans, education and patient finance loans and personal loans. The Companys technology platform supports its marketplace and makes available loan products to investor channels.