Loop Media Inc (AMEX: LPTV) Has Slid Negatively For The Year To Date, Predicting What Will Happen Next

Loop Media Inc (AMEX:LPTV)’s traded shares stood at 13.09 million during the last session. At the last check today, the stock’s price was $0.23, to imply an increase of 15.63% or $0.03 in intraday trading. The LPTV share’s 52-week high remains $3.80, putting it -1552.17% down since that peak but still an impressive 13.04% since price per share fell to its 52-week low of $0.20. The company has a valuation of $16.48M, with an average of 242.65K shares over the past 3 months.

Loop Media Inc (AMEX:LPTV) trade information

After registering a 15.63% upside in the latest session, Loop Media Inc (LPTV) has traded red over the past five days. The stock hit a weekly high of 0.3063, jumping 15.63% in its intraday price action. The 5-day price performance for the stock is -4.81%, and -24.62% over 30 days. With these gigs, the year-to-date price performance is -76.85%.

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Loop Media Inc (LPTV) estimates and forecasts

Looking at statistics comparing Loop Media Inc share performance against respective industry, we note that the company has outperformed competitors. Loop Media Inc (LPTV) shares are -49.67% down over the last 6 months, with its year-to-date growth rate higher than industry average at 36.36% against 19.40%. The rating firms project that company’s revenue will shrink -15.20% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 4.46M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 8.21M.

LPTV Dividends

Loop Media Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Loop Media Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.