Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Loop Media Inc (AMEX: LPTV) closed at $0.24 down -23.50% from its previous closing price of $0.32. In other words, the price has decreased by -$23.50 from its previous closing price. On the day, 0.71 million shares were traded. LPTV stock price reached its highest trading level at $0.2975 during the session, while it also had its lowest trading level at $0.2202.
Ratios:
For a deeper understanding of Loop Media Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on June 09, 2023, initiated with a Buy rating and assigned the stock a target price of $5.
On October 17, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPTV now has a Market Capitalization of 22672396 and an Enterprise Value of 21495940. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is -1.016.
Stock Price History:
Over the past 52 weeks, LPTV has reached a high of $4.66, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -38.88%, while the 200-Day Moving Average is calculated to be -67.34%.
Shares Statistics:
For the past three months, LPTV has traded an average of 210.26K shares per day and 280440 over the past ten days. A total of 65.62M shares are outstanding, with a floating share count of 30.41M. Insiders hold about 57.09% of the company’s shares, while institutions hold 10.58% stake in the company. Shares short for LPTV as of 1713139200 were 1878917 with a Short Ratio of 8.94, compared to 1710460800 on 1644503. Therefore, it implies a Short% of Shares Outstanding of 1878917 and a Short% of Float of 3.8399997999999997.
Earnings Estimates
The stock of Loop Media Inc (LPTV) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.09, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.07 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.34 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.26, with 2.0 analysts recommending between -$0.26 and -$0.26.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $10.42M. There is a high estimate of $10.76M for the next quarter, whereas the lowest estimate is $10.02M.
A total of 3 analysts have provided revenue estimates for LPTV’s current fiscal year. The highest revenue estimate was $36.13M, while the lowest revenue estimate was $35.9M, resulting in an average revenue estimate of $36.01M. In the same quarter a year ago, actual revenue was $31.64MBased on 2 analysts’ estimates, the company’s revenue will be $49.57M in the next fiscal year. The high estimate is $49.6M and the low estimate is $49.54M.
