Loop Industries, Inc. (LOOP)

NASDAQ: LOOP · IEX Real-Time Price · USD
3.98
-0.07 (-1.73%)
Jun 29, 2022 12:23 PM EDT - Market open
-1.73%
Market Cap 188.65M
Revenue (ttm) n/a
Net Income (ttm) -44.92M
Shares Out 47.40M
EPS (ttm) -0.99
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 37,244
Open 4.05
Previous Close 4.05
Day's Range 3.81 - 4.17
52-Week Range 3.81 - 17.94
Beta 1.35
Analysts Buy
Price Target 21.52 (+440.7%)
Earnings Date Jul 21, 2022

About LOOP

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It 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. [Read more...]

Industry Chemicals
Employees 89
Stock Exchange NASDAQ
Ticker Symbol LOOP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for LOOP stock is "Buy." The 12-month stock price forecast is 21.52, which is an increase of 440.70% from the latest price.

Price Target
$21.52
(440.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Loop Industries, Inc.

Wilmington, Delaware--(Newsfile Corp. - June 28, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Loop Industries, Inc. (NASDAQ: LOOP) on behalf of sto...

SK Geo Centric to Participate as Equal Partner in Joint Venture to Build First Infinite Loop(TM) Facility in Europe, ...

MONTREAL, QC and PARIS, FRANCE and SEOUL, SOUTH KOREA / ACCESSWIRE / June 16, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), an innovator in sustainable plastics technology whose ...

Loop Industries to Speak at Stifel, Scotiabank & ROTH Conferences in June

MONTREAL, QC / ACCESSWIRE / May 31, 2022 / Loop Industries, Inc. (Nasdaq:LOOP) will present at the following three investor conferences in June 2022: Stifel 2022 Cross Sector Insight Conference on Tuesd...

Loop Industries Reports Fourth Quarter And Full Year Fiscal 2022 Results And Provides Update On Continuing Business D...

MULTI-YEAR SUPPLY AGREEMENT IN PLACE WITH DANONE FOR BECANCOUR, QUEBEC OFFTAKE. TERREBONNE, FACILITY UPGRADES COMPLETE, FOCUS NOW SHIFTS TO PRODUCTION FOR CPG BRAND COMPANIES COMPLETION OF BASIC ENGINEE...

Loop Industries Announces Commercial Supply Agreement with Danone SA to Supply Loop(TM) Branded PET Resin Made from 1...

New multi-year agreement for Loop™ PET resin from the planned Infinite Loop™ manufacturing facility located in Bécancour, Quebec. Supports Danone objectives and commitments towards a circular economy in...

Loop Industries to Present at Wells Fargo, Oppenheimer, and Citi Conferences in May

MONTREAL, QC / ACCESSWIRE / April 13, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) will present at the following three investor conferences in May, 2022: Wells Fargo Industrials Conference happening May 4...

Loop Industries CEO to Present at Raymond James, Roth, and Gabelli Conferences in March

MONTREAL, QC / ACCESSWIRE / March 7, 2022 / Daniel Solomita, CEO of Loop Industries, Inc. (NASDAQ:LOOP) will speak at the following three major investor conferences in March 2022: Raymond James 2022 Ins...

Loop Industries Announces Selection of Port-Jérôme, in Normandy, France, as Site for First European Infinite Loop Man...

FACILITY TO SUPPORT SUSTAINABILITY OBJECTIVES OF EUROPEAN CONSUMER PACKAGED GOODS COMPANIES BREAKING GROUND OF NEW FACILITY TARGETED FOR 2023 WITH FACILITY STARTUP AND COMMISSIONING APPROXIMATELY 18 MON...

Loop Industries Provides Business Update and Reports Third Quarter Financial Results of Fiscal Year 2022

INFINITE LOOP™ BÉCANCOUR: CAPITAL SPENDING INITIATED AND ENGINEERING DESIGN PROGRESSING IN LINE WITH CONSTRUCTION SCHEDULE CEO DANIEL SOLOMITA TO HOLD CORPORATE UPDATE CALL AT 1:00 PM ET ON JANUARY 12, ...

CORRECTION: Loop Industries To Hold Q3 2022 Corporate Update Call January 12, 2022 At 1:00 PM ET

MONTREAL, QC / ACCESSWIRE / January 11, 2022 / The following is an update to the release issued on Monday, January 10 by Loop Industries. The corporate update call start time listed as 11:00 AM Eastern ...

Loop Industries to Hold Q3 2022 Corporate Update Call January 12, 2022 at 11:00 AM ET

MONTREAL, QC / ACCESSWIRE / January 10, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company on a mission to accelerate a circular plastics economy by manufac...

Recap: Loop Industries Q2 Earnings

Loop Industries(NASDAQ:LOOP) stock rose by 1.48% on Monday after the company reported its Q2 earnings results on Friday, October 15, 2021 at 04:30 PM. Here's what investors need to know about the announ...

Loop Industries Provides Business Update and Reports Second Quarter Financial Results of Fiscal Year 2022

MONTREAL, QC / ACCESSWIRE / October 15, 2021 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company focused on accelerating a circular plastics economy by manufactur...

Evian Unveils 100% rPET Bottles Created by Loop Industries' Innovative Recycling Technology

Committed to accelerating the development of innovative sustainable packaging solutions, evian achieves new milestone in circularity journey with launch of prototype bottle using revolutionary technolog...

Loop Industries and SK global chemical Close $56.5M Strategic Equity Deal, Provide Further Update on Asian Joint Vent...

$56.5 M purchase of new treasury common shares of Loop Industries at $12 per share, pursuant to the agreement announced by the two companies on June 23, 2021 Joint venture to begin planning phase for fi...

Loop Industries Provides Business Update and Reports First Quarter Financial Results of Fiscal Year 2022

MONTREAL, QC / ACCESSWIRE / July 15, 2021 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company focused on accelerating a circular plastics economy by manufacturing...

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Here's the scoop on these little-followed companies.

Other symbols: IDEX

Loop Industries Stock Jumps 30% on SK Global Chemical Investment

The post Loop Industries Stock Jumps 30% on SK Global Chemical Investment appeared first on Millennial Money. Shares of Loop Industries (NASDAQ: LOOP) have jumped on Wednesday following news that SK glo...

Why Shares of Loop Industries Are Surging Today

The company recently struck a major partnership with an Asian conglomerate that will help the company expand.

Loop Industries (LOOP) Enters Overbought Territory

Loop Industries (LOOP) has moved higher as of late, but there could definitely be trouble on the horizon for this company

Loop Industries Provides Commercialization Update and Reports Fourth Quarter and Fiscal Year 2021 Financial Results

CONVERSION OF PILOT PLANT INTO INFINITE LOOP™ DEMONSTRATION AND TRAINING FACILITY OBTAINED NO-OBJECTION LETTER FROM THE FDA ADVANCED STAGES OF PRE-FEASIBILITY ENGINEERING DESIGN FOR INFINITE LOOP™ COMME...

Loop Industries Board of Directors Announces Appointment of New Director and Completion of its Investigation of Short...

MONTREAL, QC / ACCESSWIRE / April 8, 2021 / The Board of Directors of Loop Industries, Inc (NASDAQ:LOOP) today announced that Ms. Louise Sams has been appointed to the Board effective immediately.

Loop Industries (LOOP) is Overbought: Is A Drop Coming?

Loop Industries (LOOP) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Loop Industries Reports Third Quarter Fiscal 2021 Consolidated Financial Results

MONTREAL, QC / ACCESSWIRE / January 14, 2021 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop Industries"), a leading sustainable plastics technology innovator, today announced its consolid...

Loop Industries plunges 22% after a short-seller accused its patented plastic-recycling technology of being 'very mis...

Shares in plastic-recycler Loop Industries plummeted 22% on Tuesday after short-seller Hindenburg accused the company of misleading investors over its patented technology. Loop released an independent r...