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NASDAQ:LOOP

Loop Industries Stock Forecast, Price & News

$6.79
-0.46 (-6.34 %)
(As of 10/26/2020 12:00 AM ET)
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Today's Range
$6.55
Now: $6.79
$7.33
50-Day Range
$6.45
MA: $11.32
$13.77
52-Week Range
$6.05
Now: $6.79
$13.96
Volume434,701 shs
Average Volume139,519 shs
Market Capitalization$286.63 million
P/E RatioN/A
Dividend YieldN/A
Beta0.71
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: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.15 out of 5 stars

Industry, Sector and Symbol

Industry Chemicals & allied products
Sub-IndustryN/A
Current SymbolNASDAQ:LOOP
CUSIPN/A
Phone45-0951-8555
Employees28

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$0.75 per share

Profitability

Net Income$-14,510,000.00

Miscellaneous

Market Cap$286.63 million
Next Earnings Date1/14/2021 (Estimated)
OptionableNot Optionable
$6.79
-0.46 (-6.34 %)
(As of 10/26/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Loop Industries (NASDAQ:LOOP) Frequently Asked Questions

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

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 (WHO). Since then, LOOP shares have decreased by 20.5% and is now trading at $6.79.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is Loop Industries' next earnings date?

Loop Industries is scheduled to release its next quarterly earnings announcement on Thursday, January 14th 2021.
View our earnings forecast for Loop Industries
.

How were Loop Industries' earnings last quarter?

Loop Industries Inc (NASDAQ:LOOP) announced its quarterly earnings data on Monday, October, 12th. The financial services provider reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.04.
View Loop Industries' earnings history
.

What price target have analysts set for LOOP?

1 equities research analysts have issued 12-month price targets for Loop Industries' shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate Loop Industries' stock price to reach $15.00 in the next year. This suggests a possible upside of 120.9% from the stock's current price.
View analysts' price targets for Loop Industries
.

Are investors shorting Loop Industries?

Loop Industries saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,780,000 shares, an increase of 14.1% from the August 31st total of 1,560,000 shares. Based on an average daily volume of 67,600 shares, the short-interest ratio is presently 26.3 days. Approximately 10.1% of the shares of the company are short sold.
View Loop Industries' Short Interest
.

Who are some of Loop Industries' key competitors?

What other stocks do shareholders of Loop Industries own?

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."

Who are Loop Industries' major shareholders?

Loop Industries' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.56%), Handelsinvest Investeringsforvaltning (0.28%), Candriam Luxembourg S.C.A. (0.26%), Harel Insurance Investments & Financial Services Ltd. (0.19%) and Alpha Cubed Investments LLC (0.05%). Company insiders that own Loop Industries stock include Daniel Solomita, Laurence G Sellyn, Nelson Gentiletti and Sidney Mortimer Horn.
View institutional ownership trends for Loop Industries
.

Which institutional investors are selling Loop Industries stock?

LOOP stock was sold by a variety of institutional investors in the last quarter, including Alpha Cubed Investments LLC.
View insider buying and selling activity for Loop Industries
.

Which institutional investors are buying Loop Industries stock?

LOOP stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Harel Insurance Investments & Financial Services Ltd., Handelsinvest Investeringsforvaltning, and Candriam Luxembourg S.C.A.. Company insiders that have bought Loop Industries stock in the last two years include Daniel Solomita, Laurence G Sellyn, and Nelson Gentiletti.
View insider buying and selling activity for Loop Industries
.

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 $6.79.

How big of a company is Loop Industries?

Loop Industries has a market capitalization of $286.63 million. The financial services provider earns $-14,510,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Loop Industries employs 28 workers across the globe.

What is Loop Industries' official website?

The official website for Loop Industries is 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 45-0951-8555 or via email at [email protected]

This page was last updated on 10/27/2020 by MarketBeat.com Staff

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