Loop Industries Inc. (LOOP) is priced at $7.24 after the most recent trading session. At the very opening of the session, the stock price was $9.33 and reached a high price of $9.5799, prior to closing the session it reached the value of $9.32. The stock touched a low price of $7.0901.
Recently in News on December 15, 2020, LOOP Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Loop Industries, Inc. Investors of Class Action and Lead Plaintiff Deadline: December 15, 2020. Attorney Advertising– Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Loop securities between September 24, 2018 and October 12, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/loop. You can read further details here
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Loop Industries Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $13.96 on 09/16/20, with the lowest value was $5.70 for the same time period, recorded on 10/29/20.
Loop Industries Inc. (LOOP) full year performance was -38.23%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Loop Industries Inc. shares are logging -48.14% during the 52-week period from high price, and 27.02% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.70 and $13.96.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1336636 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Loop Industries Inc. (LOOP) recorded performance in the market was -26.87%, having the revenues showcasing -47.42% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 295.10M, as it employees total of 53 workers.
Market experts do have their say about Loop Industries Inc. (LOOP)
During the last month, 0 analysts gave the Loop Industries Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.75, with a change in the price was noted -2.30. In a similar fashion, Loop Industries Inc. posted a movement of -24.11% for the period of last 100 days, recording 314,233 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LOOP is recording 0.08 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.07.
Technical breakdown of Loop Industries Inc. (LOOP)
Raw Stochastic average of Loop Industries Inc. in the period of last 50 days is set at 19.02%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 12.77%. In the last 20 days, the company’s Stochastic %K was 57.46% and its Stochastic %D was recorded 77.65%.
Bearing in mind the latest performance of Loop Industries Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -26.87%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -26.50%, alongside a downfall of -38.23% for the period of the last 12 months. The shares increased approximately by -25.90% in the 7-day charts and went down by 7.10% in the period of the last 30 days. Common stock shares were lifted by -47.42% during last recorded quarter.