Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It re-polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and soda bottles, as well as polyester fibers for textile applications. The company was founded in 2014 and is based in Terrebonne, Canada.
Industry, Sector and Symbol
Industry Telephone communication, except radio
Sub-IndustryN/A
SectorBusiness Services
Phone781-821-6600
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees28
Next Earnings DateN/A
OptionableNot Optionable
Loop Industries (NASDAQ:LOOP) Frequently Asked Questions
What is Loop Industries' stock symbol?
Loop Industries trades on the NASDAQ under the ticker symbol "LOOP."
What price target have analysts set for LOOP?
1 brokerages have issued 1-year target prices for Loop Industries' shares. Their predictions range from $12.00 to $12.00. On average, they expect Loop Industries' share price to reach $12.00 in the next twelve months. This suggests a possible upside of 71.9% from the stock's current price. View Analyst Price Targets for Loop Industries.
What is the consensus analysts' recommendation for Loop Industries?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Loop Industries.
Has Loop Industries been receiving favorable news coverage?
Media stories about LOOP stock have been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loop Industries earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are some of Loop Industries' key competitors?
Some companies that are related to Loop Industries include ATN International (ATNI), pdvWireless (PDVW), Cincinnati Bell (CBB), Consolidated Communications (CNSL), Hong Kong Television Network (HKTVY), LICT (LICT), Atento (ATTO), Frontier Communications (FTR), IDT (IDT), magicJack VocalTec (CALL), Alaska Communications Systems Group (ALSK), Otelco (OTEL), Oi SA em Recuperacao Judicial (OIBRQ), Crexendo (CXDO) and Liberty Braves Group Series B (BATRB).
What other stocks do shareholders of Loop Industries own?
Who are Loop Industries' key executives?
Loop Industries' management team includes the folowing people:
- Mr. Daniel Solomita, Founder, Chairman, Pres & CEO (Age 43)
- Mr. Nelson Gentiletti, COO & CFO
- Mr. Donald L. Danks, Co-Founder (Age 62)
- Giovanni Catino, Head of Procurement & Bus. Devel.
- Mr. Nelson Switzer, Chief Growth Officer (Age 45)
Who are Loop Industries' major shareholders?
Loop Industries' stock is owned by many different of institutional and retail investors. Top institutional investors include Creative Planning (2.57%), Sabby Management LLC (0.71%), Kore Private Wealth LLC (0.47%), BlackRock Inc. (0.19%), Charles Schwab Investment Management Inc. (0.13%) and Bank of Montreal Can (0.09%).
Which major investors are buying Loop Industries stock?
LOOP stock was bought by a variety of institutional investors in the last quarter, including Sabby Management LLC, BlackRock Inc., Creative Planning, Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning, Kore Private Wealth LLC, Charles Schwab Investment Management Inc. and Bank of Montreal Can.
How do I buy shares of Loop Industries?
Shares of LOOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Loop Industries' stock price today?
One share of LOOP stock can currently be purchased for approximately $6.98.
How big of a company is Loop Industries?
Loop Industries has a market capitalization of $243.46 million. The financial services provider earns $-17,540,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. Loop Industries employs 28 workers across the globe.
What is Loop Industries' official website?
How can I contact Loop Industries?
Loop Industries' mailing address is 480 FERNAND POITRAS, TERREBONNE A8, J6Y 1Y4. The financial services provider can be reached via phone at 781-821-6600 or via email at [email protected]
MarketBeat Community Rating for Loop Industries (NASDAQ LOOP)
MarketBeat's community ratings are surveys of what our community members think about Loop Industries and other stocks. Vote "Outperform" if you believe LOOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
