LoopUp Group (LON:LOOP) Shares Up 27.3%

Shares of LoopUp Group plc (LON:LOOPGet Free Report) shot up 27.3% during trading on Monday . The stock traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.70 ($0.01). 1,336,858 shares were traded during mid-day trading, a decline of 13% from the average session volume of 1,533,630 shares. The stock had previously closed at GBX 0.55 ($0.01).

LoopUp Group Stock Up 27.3 %

The company has a current ratio of 0.64, a quick ratio of 0.80 and a debt-to-equity ratio of 24.47. The company has a market capitalization of £1.43 million, a price-to-earnings ratio of -5.83 and a beta of -0.04. The firm’s 50 day simple moving average is GBX 0.70 and its 200-day simple moving average is GBX 1.

About LoopUp Group

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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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