NASDAQ:LOOP - Loop Industries Stock Price, Forecast & News

Loop Industries' stock was trading at $8.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOOP shares have decreased by 16.2% and is now trading at $7.16. View which stocks have been mosted impacted by Coronavirus.

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.

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

2 equities research analysts have issued 12-month target prices for Loop Industries' shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate Loop Industries' share price to reach $14.50 in the next year. This suggests a possible upside of 102.5% from the stock's current price. View analysts' price targets for Loop Industries.

Media headlines about LOOP stock have trended negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Loop Industries earned a news sentiment score of -2.4 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutLoop Industries.

Some companies that are related to Loop Industries include Livent (LTHM), Innophos (IPHS), Hawkins (HWKN), Liquidmetal Technologies (LQMT), Gulf Resources (GURE) and Green Earth Technologies (GETG).

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).

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 Handelsbanken Fonder AB (1.18%), Geode Capital Management LLC (0.32%), Van ECK Associates Corp (0.17%), Charles Schwab Investment Management Inc. (0.15%), Handelsinvest Investeringsforvaltning (0.13%) and DekaBank Deutsche Girozentrale (0.13%). Company insiders that own Loop Industries stock include Daniel Solomita and Sidney Mortimer Horn. View institutional ownership trends for Loop Industries.

LOOP stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, DekaBank Deutsche Girozentrale, Handelsinvest Investeringsforvaltning, California Public Employees Retirement System, Van ECK Associates Corp, Geode Capital Management LLC, Renaissance Technologies LLC, and Ladenburg Thalmann Financial Services Inc.. 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 $7.16.

Loop Industries has a market capitalization of $280.91 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.

The official website for Loop Industries is http://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 450-95-8555 or via email at [email protected]