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Loop Media Inc. (LPTV) Stock: A Year of Market Movement, Down and Up

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Loop Media Inc.’s current trading price is -95.82% away from its 52-week high, while its distance from the 52-week low is 21.36%. The stock’s price range over this period has fluctuated between $0.50 and $14.50. The company, operating within the financial sector, had a trading volume of approximately 0.74 million for the day, which was noticeably higher than the average daily share volume of 0.29 million over the last 3 months.

The present stock price for Loop Media Inc. (LPTV) is $0.61. In the last trading session, the stock made a considerable jump, reaching $0.83 after an opening price of $0.74. The stock briefly fell to $0.61 before ending the session at $0.72.

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Loop Media Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $14.50 on 09/21/22, while the lowest value for the same period was recorded at $0.50 on 09/11/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Loop Media Inc. (LPTV) has experienced a quarterly decline of -79.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.49M and boasts a workforce of 67 employees.

Loop Media Inc.: What Analysts Are Saying

As of right now, 1 analyst is rating Loop Media Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.6300, with a change in price of -4.5232. Similarly, Loop Media Inc. recorded 230,933 in trading volume during the last 100 days, posting a change of -88.17%.

LPTV Stock Stochastic Average

Today, Loop Media Inc.’s raw stochastic average for the past 50 days stands at 4.03%, indicating a decline from the raw stochastic average of the last 20 days, which was 10.14%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 13.24% and 9.92% respectively.

LPTV Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -90.83% this year. Over the last six months, there has been a stronger performance of -89.61%. The price of LPTV leaped by -62.31% during the last 30 days period. For the last 5-days stocks have slided -3.71%.

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