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The price of Loop Media Inc (AMEX: LPTV) closed at $0.16 in the last session, up 10.84% from day before closing price of $0.14. In other words, the price has increased by $10.84 from its previous closing price. On the day, 5.51 million shares were traded. LPTV stock price reached its highest trading level at $0.1638 during the session, while it also had its lowest trading level at $0.1412.
Ratios:
We take a closer look at LPTV’s different ratios to gain a better understanding of the stock. 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 12371122 and an Enterprise Value of 15211299. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48. Its current Enterprise Value per Revenue stands at 0.594 whereas that against EBITDA is -0.719.
Stock Price History:
Over the past 52 weeks, LPTV has reached a high of $2.94, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -18.33%, while the 200-Day Moving Average is calculated to be -66.27%.
Shares Statistics:
According to the various share statistics, LPTV traded on average about 3.69M shares per day over the past 3-months and 7789720 shares per day over the past 10 days. A total of 65.62M shares are outstanding, with a floating share count of 38.60M. Insiders hold about 51.17% of the company’s shares, while institutions hold 9.43% stake in the company. Shares short for LPTV as of 1719532800 were 1738988 with a Short Ratio of 0.47, compared to 1717113600 on 3085583. Therefore, it implies a Short% of Shares Outstanding of 1738988 and a Short% of Float of 3.04.
Earnings Estimates
A detailed examination of Loop Media Inc (LPTV) is currently in progress, with 3.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.09, while EPS last year was -$0.14. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.31 and -$0.36 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is -$0.22, with 3.0 analysts recommending between -$0.18 and -$0.29.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $7.44M. There is a high estimate of $10.47M for the next quarter, whereas the lowest estimate is $5.9M.
A total of 3 analysts have provided revenue estimates for LPTV’s current fiscal year. The highest revenue estimate was $28.72M, while the lowest revenue estimate was $24.96M, resulting in an average revenue estimate of $26.22M. In the same quarter a year ago, actual revenue was $31.64MBased on 3 analysts’ estimates, the company’s revenue will be $32.53M in the next fiscal year. The high estimate is $37.53M and the low estimate is $27.1M.
