Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Loop Industries Inc (NASDAQ: LOOP) was $1.19 for the day, down -0.83% from the previous closing price of $1.20. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 95085.0 shares were traded. LOOP stock price reached its highest trading level at $1.21 during the session, while it also had its lowest trading level at $1.13.
Ratios:
Our analysis of LOOP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.47 and its Current Ratio is at 0.48. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.93.
On October 07, 2021, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $23.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 16 ’24 when Solomita Daniel sold 61,278 shares for $1.56 per share. The transaction valued at 95,594 led to the insider holds 548,722 shares of the business.
Solomita Daniel sold 40,000 shares of LOOP for $62,800 on Dec 17 ’24. The President and CEO now owns 508,722 shares after completing the transaction at $1.57 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LOOP now has a Market Capitalization of 56668160 and an Enterprise Value of 60165112. For the stock, the TTM Price-to-Sale (P/S) ratio is 566.70 while its Price-to-Book (P/B) ratio in mrq is 11.72. Its current Enterprise Value per Revenue stands at 595.694 whereas that against EBITDA is -3.147.
Stock Price History:
The Beta on a monthly basis for LOOP is 1.58, which has changed by -0.6739726 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, LOOP has reached a high of $4.15, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -10.51%, while the 200-Day Moving Average is calculated to be -38.11%.
Shares Statistics:
LOOP traded an average of 1.49M shares per day over the past three months and 188790 shares per day over the past ten days. A total of 47.62M shares are outstanding, with a floating share count of 19.17M. Insiders hold about 59.75% of the company’s shares, while institutions hold 3.82% stake in the company. Shares short for LOOP as of 1734048000 were 672506 with a Short Ratio of 0.45, compared to 1731628800 on 708358. Therefore, it implies a Short% of Shares Outstanding of 672506 and a Short% of Float of 3.45.
Earnings Estimates
Loop Industries Inc (LOOP) is presently subject to a detailed evaluation by 2.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.3 and -$0.43 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.26, with 3.0 analysts recommending between -$0.22 and -$0.3.
