Loop Media Inc [LPTV] stock prices are down -6.68% to $0.12 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LPTV shares have gain 1.87% over the last week, with a monthly amount drifted -1.40%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Loop Media Inc [AMEX: LPTV] stock has seen the most recent analyst activity on June 09, 2023, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $5. Previously, ROTH Capital started tracking the stock with Buy rating on October 17, 2022, and set its price target to $6.50.
The stock price of Loop Media Inc [LPTV] has been fluctuating between $0.10 and $2.40 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Loop Media Inc [AMEX: LPTV] shares were valued at $0.12 at the most recent close of the market. An investor can expect a potential return of 5316.67% based on the average LPTV price forecast.
Analyzing the LPTV fundamentals
The Loop Media Inc [AMEX:LPTV] reported sales of 25.60M for trailing twelve months, representing a drop of -25.79%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -1.46%, Pretax Profit Margin comes in at -1.59%, and Net Profit Margin reading is -1.7%. To continue investigating profitability, this company’s Return on Assets is posted at -1.69, Equity is 7.03 and Total Capital is 11.29. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.57.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1167 points at the first support level, and at 0.1132 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1269, and for the 2nd resistance point, it is at 0.1336.
Ratios To Look Out For
It’s worth pointing out that Loop Media Inc [AMEX:LPTV]’s Current Ratio is 0.42. As well, the Quick Ratio is 0.42, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.37.
