Loop Industries Stock Forecast, Price & News

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.
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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."
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Loop Industries is scheduled to release its next quarterly earnings announcement on Thursday, January 14th 2021.
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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.

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.
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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.

Some companies that are related to Loop Industries include Hawkins (HWKN), Liquidmetal Technologies (LQMT), Gulf Resources (GURE), ESP Resources (ESPIQ), Green Earth Technologies (GETG) and Isonics (ISON).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Loop Industries investors own include Allena Pharmaceuticals (ALNA), Apollo Global Management (APO), Cognizant Technology Solutions (CTSH), Enphase Energy (ENPH), Alphabet (GOOG), International Business Machines (IBM), KeyCorp (KEY), Shopify (SHOP), Square (SQ) and Veeva Systems (VEEV).

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

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.

LOOP stock was sold by a variety of institutional investors in the last quarter, including Alpha Cubed Investments LLC.
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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.

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.

One share of LOOP stock can currently be purchased for approximately $6.79.

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.

The official website for Loop Industries is www.loopindustries.com.

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]