The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Loop Industries Inc’s current trading price is -63.62% away from its 52-week high, while its distance from the 52-week low is 46.15%. The stock’s price range for this period has been between $1.17 and $4.70 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 74.58 million for the day, a number notably higher than the average daily volume of 37280.0 over the last three months.
In terms of market performance, Loop Industries Inc had a fairly uneven. The highest value for the stock in the past year was $4.70 on 12/15/23, and the lowest value was recorded at $1.17 on 08/22/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Loop Industries Inc (LOOP) has experienced a quarterly rise of 17.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.43M and boasts a workforce of 56 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5141, with a change in price of +0.0616. Similarly, Loop Industries Inc recorded 776,431 in trading volume during the last 100 days, posting a change of +3.71%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for LOOP stands at 1.01. Similarly, the long-term debt-to-equity ratio is also 0.93.
LOOP Stock Stochastic Average
As of today, Loop Industries Inc’s raw stochastic average for the last 50 days stands at 70.28%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 70.28%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 31.12% and 23.19%, respectively.
LOOP Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -54.76% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -29.34%. Over the past 30 days, the price of LOOP has fallen by 32.05%. And in the last five days, it has surged by 31.64%.
