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Loop Industries Inc

Loop Industries Inc (LOOP)

2.42
-0.045
(-1.83%)
Closed June 15 4:00PM
2.41
-0.01
(-0.41%)
After Hours: 7:59PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
2.42
Bid
1.90
Ask
3.15
Volume
8,475
2.38 Day's Range 2.48
2.38 52 Week Range 4.70
Market Cap
Previous Close
2.465
Open
2.48
Last Trade
8
@
2.41
Last Trade Time
Financial Volume
$ 20,496
VWAP
2.4185
Average Volume (3m)
20,883
Shares Outstanding
47,528,908
Dividend Yield
-
PE Ratio
-5.43
Earnings Per Share (EPS)
-0.44
Revenue
153k
Net Profit
-21.09M

About Loop Industries Inc

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fib... Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives. Show more

Sector
Chemicals & Chem Preps, Nec
Industry
Phone Comm Ex Radiotelephone
Headquarters
Reno, Nevada, USA
Founded
2019
Loop Industries Inc is listed in the Chemicals & Chem Preps sector of the NASDAQ with ticker LOOP. The last closing price for Loop Industries was $2.47. Over the last year, Loop Industries shares have traded in a share price range of $ 2.38 to $ 4.70.

Loop Industries currently has 47,528,908 shares outstanding. The market capitalization of Loop Industries is $114.54 million. Loop Industries has a price to earnings ratio (PE ratio) of -5.43.

LOOP Latest News

Gabelli Funds to Host 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024

GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday...

UPDATE - Gabelli Funds to Host 10th Annual Waste & Sustainability Symposium Thursday, April 4, 2024

GREENWICH, Conn., March 18, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Sustainability Symposium at the Harvard Club in New York City on Thursday, April 4...

Gabelli Funds to Host 10th Annual Waste & Sustainability Symposium Thursday, April 4, 2024

GREENWICH, Conn., March 18, 2024 (GLOBE NEWSWIRE) --  Gabelli Funds, LLC, will host the 10th Annual Waste & Sustainability Symposium at the Harvard Club in New York City on Thursday, April...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.04-1.626016260162.462.612.38202332.47002377CS
4-0.32-11.67883211682.742.882.38159742.58283997CS
12-0.38-13.57142857142.83.04912.38208832.72854474CS
26-1.23-33.6986301373.654.72.38231403.1626987CS
52-0.89-26.88821752273.314.72.38290663.21729842CS
156-9.21-79.191745485811.6318.21.845899818.15253489CS
260-6.58-73.1111111111918.651.8451147258.80678492CS

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LOOP Discussion

View Posts
jgrabar jgrabar 1 year ago
https://grabarlaw.com/the-latest/loop-shareholder-investigation/
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NO birds Allowed NO birds Allowed 1 year ago
anything from the call today. I could not get on
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NO birds Allowed NO birds Allowed 2 years ago
apparently nothing positive
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NO birds Allowed NO birds Allowed 2 years ago
stock acts like poop. losing faith,
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02opida 02opida 2 years ago
MONTREAL, QC / ACCESSWIRE / November 18, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Founder and CEO of Loop Industries and Kevin O'Dowd, Vice President of Communications and Investor Relations, will be presenting at the Bernstein Industrials One-on-One Forum taking place Monday, November 28 - Tuesday, November 29th, 2022 at the Westin New York at Times Square, located at 270 W 43rd Street, New York, NY 10036.
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NO birds Allowed NO birds Allowed 2 years ago
any insiders been buying
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NO birds Allowed NO birds Allowed 2 years ago
any insiders been buying
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02opida 02opida 2 years ago
New yr is nearing
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NO birds Allowed NO birds Allowed 2 years ago
how much patience we talking?
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02opida 02opida 2 years ago
Patience
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NO birds Allowed NO birds Allowed 2 years ago
please tell us when, this is torture
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02opida 02opida 2 years ago
lots of good to come here > news
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Boonwolf Boonwolf 2 years ago
I dumped it with all the bad PR cycling and volume drop. Still on my watch though.
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NO birds Allowed NO birds Allowed 2 years ago
was that the bottom, and any thoughts on when they get financing for the plants
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Boonwolf Boonwolf 2 years ago
Good bounce and hold action finally found the bottom imo
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janice shell janice shell 2 years ago
The SEC today announced charges against Canadian resident David Stephens and California residents Donald Linn Danks, Jonathan Destler, and Robert Lazerus. According to the SEC's complaint, from at least 2014 to at least November 2018, Stephens, Danks, and Destler engaged in a deceptive scheme to sell publicly traded stock of Quebec-based Loop Industries, Inc. while concealing their ownership of Loop stock and connections with the company. The complaint alleges that Lazerus worked with the group to further the scheme by helping to increase demand for Loop stock by promoting it and brokering sales to a number of investors...

https://www.sec.gov/litigation/litreleases/2022/lr25546.htm

The complaint:

https://www.sec.gov/litigation/complaints/2022/comp25546.pdf
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02opida 02opida 2 years ago
Looking Green LOOP
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Harrybones Harrybones 2 years ago
Media advisory - Minister Guilbeault to make an announcement on plastic recyclability and compostability
2022-07-21 14:00:13.987 GMT

Media advisory - Minister Guilbeault to make an announcement on plastic
recyclability and compostability

Canada NewsWire

TERREBONNE, QC, July 21, 2022

TERREBONNE, QC, July 21, 2022 /CNW/ - Media representatives are advised that
the Honourable Steven Guilbeault, Minister of Environment and Climate Change,
will make an announcement on plastic management. The Minister will be holding
a press conference alongside Mr. Giovanni Catino, Vice-President of Loop
Industries. This will be followed by a tour of the plant.

Event: Press conference and tour
Date: Monday, July 25
Time: 9:00 a.m. (EDT)
Location: Loop Industries
480 Fernand Poitras Street
Terrebonne, Quebec J6Y 1Y4
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02opida 02opida 2 years ago
Loop Industries Announces Commercial Supply Agreement with Danone SA to Supply Loop(TM) Branded PET Resin Made from 100% Recycled Content
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Shaun Kavanagh Shaun Kavanagh 2 years ago
Well, here we go again! Getting ready to load up and make bank off the bounce once these claims, again, still.... groan, turn out to be a nothing burger:
https://www.rl-legal.com/cases-loop-industries-inc
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02opida 02opida 2 years ago
The two companies have secured exclusive rights until June 2022 to purchase a 130,000 m² parcel of land in Port-Jérôme-sur-Seine, in the region of Normandy in Northern France. The purchase price for the land is approximately €1.3 M.
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02opida 02opida 2 years ago
good moving up here everyone
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02opida 02opida 2 years ago
morning Loop'ers
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02opida 02opida 2 years ago
still loading LOOP
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02opida 02opida 2 years ago
In January 2022, Loop announced The Infinite Loop™ France manufacturing facility that will create circularity in plastic packaging for leading global consumer brands based in France, including Danone, L'Oréal and L'Occitane, and help them meet their commitments for a high level of recycled plastic content.
👍️0
02opida 02opida 2 years ago
In January 2022, Loop announced The Infinite Loop™ France manufacturing facility that will create circularity in plastic packaging for leading global consumer brands based in France, including Danone, L'Oréal and L'Occitane, and help them meet their commitments for a high level of recycled plastic content.
👍️0
02opida 02opida 2 years ago
Loop Industries ("Loop") is a clean technology company based in Montreal, QC, whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber. In January 2022, Loop announced The Infinite Loop™ France manufacturing facility that will create circularity in plastic packaging for leading global consumer brands based in France, including Danone, L'Oréal and L'Occitane, and help them meet their commitments for a high level of recycled plastic content.

In late 2021, Loop initiated site preparation work for its flagship Canadian facility project in Bécancour, Québec, including building access roads, gravel pads, drainage and landscaping. This initial work has been completed and readies the site for subsequent construction phases. The Company is focused on advancing the feasibility study phase of the engineering design and customer contract negotiations for committed volume allocations for the Québec facility. The Company has adopted a "design one, build many" engineering philosophy, which includes a modular facility construction design to allow the Company to replicate the Infinite Loop™ model across all projected facilities in North America, Europe and Asia.
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02opida 02opida 2 years ago
LOOP
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Harrybones Harrybones 3 years ago
Raymond James Starts Loop Industries (LOOP) at Outperform
sets $19.50 price
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Shaun Kavanagh Shaun Kavanagh 3 years ago
$23 Price Target, HC Wainwright & Co. Upgrades Loop Industries to Buy
👍️0
Shaun Kavanagh Shaun Kavanagh 3 years ago
Vaporware no longer:
https://apnews.com/press-release/Accesswire/technology-business-health-coronavirus-pandemic-economy-3a40e3355fb96d4650934e67e0afdcb2
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Harrybones Harrybones 3 years ago
https://seekingalpha.com/article/4436283-loop-stock-poised-to-be-re-rated?mail_subject=loop-loop-poised-to-be-re-rated&utm_campaign=rta-stock-article&utm_content=link-2&utm_medium=email&utm_source=seeking_alpha
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Harrybones Harrybones 3 years ago
https://seekingalpha.com/news/3708973-loop-industries-says-sk-global-is-taking-a-10-stake-announces-strategic-partnership
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Shaun Kavanagh Shaun Kavanagh 3 years ago
Yeah, just added another 10ft to my search parameters.....
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Harrybones Harrybones 3 years ago
I feel a SQUEEZE
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MakeaFuss MakeaFuss 3 years ago
A boat!! Why not a yacht?? :)
👍️0
Shaun Kavanagh Shaun Kavanagh 3 years ago
Imma buy a boat suckers!
A cursory search doesn't bring up any new news stories, heavy volume and boosting prices. I guess maybe >someone< knows something?
Absent some solid info let's just sit back and wait for the attack of the shorts.
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nealhugh nealhugh 3 years ago
up 17%+ yesterday...
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Harrybones Harrybones 3 years ago
https://finance.yahoo.com/news/loop-industries-board-directors-announces-130000792.html
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Harrybones Harrybones 3 years ago
Technology has solid. The company is solid. There is no other viable competition in the marketplace. Unlimited potential
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Nagasdog Nagasdog 3 years ago
If this week will start red again remind me if it is solid technology from recycle plastics................
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Harrybones Harrybones 3 years ago
LOOP Industries. Perfectly positioned. 42.4 outstanding. 9.2% short. Solid proven technology. No viable competition.
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nealhugh nealhugh 3 years ago
We are buying still. From $6.
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Harrybones Harrybones 3 years ago
Short seller BS. Technology is solid.
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wallstreetwolf32 wallstreetwolf32 3 years ago
Beware of LOOP
Price still around $8 despite SEC investigation and a myriad of bad news
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nealhugh nealhugh 3 years ago
Bought again. Looks OK.
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Nagasdog Nagasdog 4 years ago
I hope, I wish..............
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Harrybones Harrybones 4 years ago
https://seekingalpha.com/article/4391521-loop-core-esg-holding-ideal-entry-point
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Harrybones Harrybones 4 years ago
https://seekingalpha.com/article/4391521-loop-core-esg-holding-ideal-entry-point
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Nagasdog Nagasdog 4 years ago
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Loop Industries, Inc. - LOOP
Sat, November 14, 2020, 4:30 PM EST
NEW YORK, NY / ACCESSWIRE / November 14, 2020 / Pomerantz LLP is investigating claims on behalf of investors of Loop Industries, Inc. ("Loop" or the "Company") (NASDAQ:LOOP). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether Loop and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On October 13, 2020, Hindenburg Research ("Hindenburg") published a report entitled "Loop Industries: Former Employees and Plastics Experts Blow The Whistle On This ‘Recycled' Smoke And Mirrors Show". Citing a months-long investigation that "included speaking with multiple former employees, company partners, polymer/plastic experts, and competitors," the Hindenburg report characterized Loop's "claimed breakthroughs in PET [polyethylene terephthalate] plastic recycling" as "fiction". The Hindenburg Report described former employees as "paint[ing] a picture of a chaotic company whose lead scientists are twenty-something ‘liars' with no relevant work experience other than Loop" and asserted that "[o]ur investigation points to one conclusion: in the words of a former Loop employee, we simply ‘don't really think they have the technology.'"

On this news, Loop's stock price fell sharply during intraday trading on October 13, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

Story continues
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