Loop Industries (NASDAQ:LOOP - Get Free Report) released its quarterly earnings data on Tuesday. The financial services provider reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.10) by $0.24, Zacks reports. Loop Industries had a negative return on equity of 350.30% and a negative net margin of 21,561.11%. The company had revenue of $10.81 million for the quarter, compared to analysts' expectations of $0.03 million.
Loop Industries Stock Performance
Shares of Loop Industries stock traded up $0.22 during trading on Friday, hitting $1.27. 259,468 shares of the company's stock traded hands, compared to its average volume of 407,705. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.12 and a quick ratio of 0.11. Loop Industries has a 1 year low of $0.85 and a 1 year high of $2.74. The stock has a market capitalization of $60.24 million, a P/E ratio of -2.26 and a beta of 1.73. The business has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $1.18.
Loop Industries Company Profile
(
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Loop Industries, Inc, a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks.
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