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NASDAQ:LOOPLoop Industries Stock Price, Forecast & News

$7.14
+0.27 (+3.93 %)
(As of 04/7/2020 03:57 AM ET)
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Today's Range
$6.95
Now: $7.14
$7.31
50-Day Range
$6.26
MA: $8.30
$11.41
52-Week Range
$6.05
Now: $7.14
$18.65
Volume29,980 shs
Average Volume64,788 shs
Market Capitalization$280.12 million
P/E RatioN/A
Dividend YieldN/A
Beta0.76
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars


Industry, Sector and Symbol

Industry Chemicals & allied products
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:LOOP
CUSIPN/A
Phone450-95-8555

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$0.08 per share

Profitability

Net Income$-17,540,000.00

Miscellaneous

Employees28
Market Cap$280.12 million
Next Earnings DateN/A
OptionableNot Optionable

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Loop Industries (NASDAQ:LOOP) Frequently Asked Questions

How has Loop Industries' stock been impacted by COVID-19 (Coronavirus)?

Loop Industries' stock was trading at $8.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LOOP stock has decreased by 16.4% and is now trading at $7.14. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Loop Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Loop Industries.

How were Loop Industries' earnings last quarter?

Loop Industries Inc (NASDAQ:LOOP) posted its quarterly earnings data on Thursday, January, 9th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.01. View Loop Industries' earnings history.

What price target have analysts set for LOOP?

2 analysts have issued 12 month target prices for Loop Industries' shares. Their forecasts range from $14.00 to $15.00. On average, they expect Loop Industries' share price to reach $14.50 in the next year. This suggests a possible upside of 103.1% from the stock's current price. View analysts' price targets for Loop Industries.

What are Wall Street analysts saying about Loop Industries stock?

Here are some recent quotes from research analysts about Loop Industries stock:
  • 1. According to Zacks Investment Research, "Loop Industries Inc. is a technology company. It created a revolutionary process which decouples plastic from fossil fuels, breaking down waste PET plastic to its base building blocks. Loop Industries Inc. is based in Los Angeles, United States. " (3/18/2020)
  • 2. HC Wainwright analysts commented, "In addition to the Spartanburg facility, we expect the company to build at least one more JV facility, and at least two greenfield Waste-to-Resin (WtR) facilities, within the next three to five years." (7/12/2019)

Has Loop Industries been receiving favorable news coverage?

Media stories about LOOP stock have been trending very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loop Industries earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutLoop Industries.

Who are some of Loop Industries' key competitors?

What other stocks do shareholders of Loop Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Loop Industries investors own include Alphabet (GOOG), Blackstone Group (BX), HDFC Bank (HDB), Apollo Global Management (APO), IBM (IBM), The Carlyle Group (CG), Cognizant Technology Solutions (CTSH), Brookfield Renewable Partners (BEP), KKR & Co Inc (KKR) and Shopify (SHOP).

Who are Loop Industries' key executives?

Loop Industries' management team includes the following 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)

What is Loop Industries' stock symbol?

Loop Industries trades on the NASDAQ under the ticker symbol "LOOP."

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, Robinhood, Fidelity, and Charles Schwab.

What is Loop Industries' stock price today?

One share of LOOP stock can currently be purchased for approximately $7.14.

How big of a company is Loop Industries?

Loop Industries has a market capitalization of $280.12 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. View additional information about Loop Industries.

What is Loop Industries' official website?

The official website for Loop Industries is http://www.loopindustries.com/.

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 450-95-8555 or via email at [email protected]

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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