LoopUp Group (LON:LOOP) Shares Cross Below Fifty Day Moving Average – Here’s Why

LoopUp Group plc (LON:LOOPGet Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.70 ($0.01) and traded as low as GBX 0.50 ($0.01). LoopUp Group shares last traded at GBX 0.70 ($0.01), with a volume of 1,336,858 shares traded.

LoopUp Group Trading Up 27.3 %

The company’s 50 day moving average price is GBX 0.70 and its two-hundred day moving average price is GBX 0.76. The company has a debt-to-equity ratio of 24.47, a current ratio of 0.64 and a quick ratio of 0.80. The stock has a market capitalization of £1.43 million, a PE ratio of -5.83 and a beta of -0.04.

About LoopUp Group

(Get Free Report)

LoopUp Group plc provides cloud communications platform for business-critical external and specialist communications in the United Kingdom, the European Union, North America, and internationally. The company offers cloud telephony services, including fully managed direct routing solution for Microsoft Teams calling; conferencing solutions for remote meetings; and managed events calls services.

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