Loop Industries (LOOP) Stock Price, News & Analysis

Company Overview

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

Key Stats

• Today's Range: $1.33 to $1.45
• 50-Day Range: $1.21 to $1.89
• 52-Week Range: $1.17 to $4.16
• Volume: 299,578 shs
• Average Volume: 391,517 shs
• Market Capitalization: $63.81 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Loop Industries Stock Analysis - MarketRank™

Loop Industries scored higher than 11% of companies evaluated by MarketBeat, and ranked 309th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Loop Industries.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Loop Industries are expected to grow in the coming year, from ($0.31) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Loop Industries is -3.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Loop Industries is -3.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Loop Industries has a P/B Ratio of 4.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.49% of the float of Loop Industries has been sold short.

Short Interest Ratio / Days to Cover

Loop Industries has a short interest ratio ("days to cover") of 19.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Loop Industries has recently decreased by 1.12%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Loop Industries does not currently pay a dividend.

Dividend Growth

Loop Industries does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.49% of the float of Loop Industries has been sold short.

Short Interest Ratio / Days to Cover

Loop Industries has a short interest ratio ("days to cover") of 19.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Loop Industries has recently decreased by 1.12%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Loop Industries has a news sentiment score of 0.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Loop Industries this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for LOOP on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added Loop Industries to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Loop Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

49.80% of the stock of Loop Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.89% of the stock of Loop Industries is held by institutions.

LOOP Stock Analysis - Frequently Asked Questions

How have LOOP shares performed this year?

Loop Industries' stock was trading at $3.78 on January 1st, 2024. Since then, LOOP stock has decreased by 64.6% and is now trading at $1.34.
View the best growth stocks for 2024 here.

How were Loop Industries' earnings last quarter?

Loop Industries, Inc. (NASDAQ:LOOP) posted its earnings results on Tuesday, October, 15th. The financial services provider reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.02. The financial services provider had revenue of $0.02 million for the quarter. Loop Industries had a negative net margin of 19,364.00% and a negative trailing twelve-month return on equity of 164.29%.

Who are Loop Industries' major shareholders?

Top institutional investors of Loop Industries include Geode Capital Management LLC (0.53%) and Balboa Wealth Partners (0.11%).
View institutional ownership trends.

How do I buy shares of Loop Industries?

Shares of LOOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Loop Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Loop Industries investors own include Cytokinetics (CYTK), Energy Transfer (ET), Enbridge (enb), General Electric (ge), Wells Fargo & Company (WFC), Acasti Pharma (ACST) and Actinium Pharmaceuticals (ATNM).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 12/22/2024
• Fiscal Year End: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Chemicals & allied products
• Sub-Industry: Chemicals
• Current Symbol: NASDAQ:LOOP
• CUSIP: N/A
• CIK: 1504678
• Web: www.loopindustries.com
• Phone: (450) 951-8555
• Fax: N/A
• Employees: 90
• Year Founded: 2010

Profitability

• EPS (Most Recent Fiscal Year): ($0.40)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,090,000.00
• Net Margins: -19,364.00%
• Pretax Margin: -19,364.00%
• Return on Equity: -164.29%
• Return on Assets: -97.95%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 0.48
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $101,000.00
• Price / Sales: 631.79
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.30 per share
• Price / Book: 4.47

Miscellaneous

• Outstanding Shares: 47,620,000
• Free Float: 23,905,000
• Market Cap: $63.81 million
• Optionable: Optionable
• Beta: 1.54