Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Loop Industries Inc (NASDAQ: LOOP) closed the day trading at $1.03 up 3.01% from the previous closing price of $1.00. In other words, the price has increased by $3.01 from its previous closing price. On the day, 0.12 million shares were traded. LOOP stock price reached its highest trading level at $1.0481 during the session, while it also had its lowest trading level at $0.9624.
Ratios:
For a better understanding of LOOP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 and its Current Ratio is at 0.12.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 49048908 and an Enterprise Value of 60165112. For the stock, the TTM Price-to-Sale (P/S) ratio is 377.31. 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 -0.7138889 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, LOOP has reached a high of $3.84, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -20.81%, while the 200-Day Moving Average is calculated to be -44.97%.
Shares Statistics:
Over the past 3-months, LOOP traded about 1.52M shares per day on average, while over the past 10 days, LOOP traded about 123470 shares per day. 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 1735603200 were 1081475 with a Short Ratio of 0.71, compared to 1732838400 on 700496. Therefore, it implies a Short% of Shares Outstanding of 1081475 and a Short% of Float of 5.55.
