Loopup Group (LON:LOOP) Stock Passes Below 50-Day Moving Average of $326.44

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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.

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Loopup Group Company Profile (LON:LOOP)

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.

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