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: $1.26 to $1.32
• 50-Day Range: $1.25 to $1.91
• 52-Week Range: $1.17 to $4.70
• Volume: 20,872 shs
• Average Volume: 25,234 shs
• Market Capitalization: $62.80 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

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 shares have decreased by 65.6% and is now trading at $1.30.
View the best growth stocks for 2024 here.

How were Loop Industries' earnings last quarter?

Loop Industries, Inc. (NASDAQ:LOOP) released its quarterly earnings data on Tuesday, October, 15th. The financial services provider reported ($0.10) earnings per share (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 trailing twelve-month return on equity of 164.29% and a negative net margin of 19,364.00%.

Who are Loop Industries' major shareholders?

Top institutional shareholders 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.
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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: 11/21/2024
• Next Earnings (Estimated): 1/21/2025
• 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: $150,000.00
• Price / Sales: 418.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.30 per share
• Price / Book: 4.40

Miscellaneous

• Outstanding Shares: 47,620,000
• Free Float: 23,905,000
• Market Cap: $62.80 million
• Optionable: Optionable
• Beta: 1.52