Loopup Group PLC (LON:LOOP)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $326.44 and traded as low as $305.00. Loopup Group shares last traded at $312.50, with a volume of 6,000 shares.
Separately, Numis Securities restated a “buy” rating on shares of Loopup Group in a research note on Friday, June 7th.
The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 26.98. The company has a market capitalization of $172.64 million and a PE ratio of 130.21.
ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/4380215/loopup-group-lonloop-stock-passes-below-50-day-moving-average-of-326-44.html.
LoopUp Group plc provides software-as-a-service solutions for remote business meetings in the United States, European Union, and internationally. Its LoopUp platform serves mid-to-large enterprises across various industries, as well as SMEs in professional service sectors, such as law, banking, private equity, consulting, and PR.
Recommended Story: Why Invest in Dividend Achievers?
Receive News & Ratings for Loopup Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loopup Group and related companies with MarketBeat.com's FREE daily email newsletter.