LoopUp Group (LON:LOOP) Share Price Passes Below 50 Day Moving Average of $3.72

LoopUp Group plc (LON:LOOP – Get Rating)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 3.72 ($0.05) and traded as low as GBX 2.91 ($0.04). LoopUp Group shares last traded at GBX 2.91 ($0.04), with a volume of 1,139,509 shares.

LoopUp Group Stock Down 2.2 %

The company’s 50 day simple moving average is GBX 3.72 and its 200-day simple moving average is GBX 4.84. The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market capitalization of £5.28 million, a PE ratio of -7.86 and a beta of -0.05.

LoopUp Group Company Profile

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LoopUp Group plc provides cloud communications platform for business-critical external and specialist communications in the United Kingdom, European Union countries, 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.