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How to buy Loop Industries stock | 6.75

Own Loop Industries stock in just a few minutes.

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Loop Industries, Inc is a specialty chemicals business based in the US. Loop Industries shares (LOOP) are listed on the NASDAQ and all prices are listed in US Dollars. Loop Industries employs 53 staff and has a market cap (total outstanding shares value) of USD$360 million.

How to buy shares in Loop Industries

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Loop Industries. Find the stock by name or ticker symbol: LOOP. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Loop Industries reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$6.75, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Loop Industries, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Loop Industries. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Loop Industries share price

Use our graph to track the performance of LOOP stocks over time.

Loop Industries shares at a glance

Information last updated 2020-11-26.
Latest market close USD$6.75
52-week range USD$5.7 - USD$13.96
50-day moving average USD$7.5779
200-day moving average USD$9.64
Wall St. target price USD$15.5
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-0.494

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Loop Industries stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Loop Industries price performance over time

Historical closes compared with the close of $6.75 from 2020-11-16

1 week (2020-11-17) -4.39%
1 month (2020-10-23) -6.90%
3 months (2020-08-25) -34.97%
6 months (2020-05-23) N/A
1 year (2019-11-25) -34.78%
2 years (2018-11-23) -9.03%
3 years (2017-11-24) -55.09%
5 years (2015-11-25) 70.89%

Loop Industries financials

Gross profit TTM USD$0
Return on assets TTM -23.75%
Return on equity TTM -46.81%
Profit margin 0%
Book value $0.791
Market capitalisation USD$360 million

TTM: trailing 12 months

Shorting Loop Industries shares

There are currently 2.3 million Loop Industries shares held short by investors – that's known as Loop Industries's "short interest". This figure is 20.6% up from 1.9 million last month.

There are a few different ways that this level of interest in shorting Loop Industries shares can be evaluated.

Loop Industries's "short interest ratio" (SIR)

Loop Industries's "short interest ratio" (SIR) is the quantity of Loop Industries shares currently shorted divided by the average quantity of Loop Industries shares traded daily (recently around 889901.90114068). Loop Industries's SIR currently stands at 2.63. In other words for every 100,000 Loop Industries shares traded daily on the market, roughly 2630 shares are currently held short.

However Loop Industries's short interest can also be evaluated against the total number of Loop Industries shares, or, against the total number of tradable Loop Industries shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Loop Industries's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Loop Industries shares in existence, roughly 50 shares are currently held short) or 0.0847% of the tradable shares (for every 100,000 tradable Loop Industries shares, roughly 85 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Loop Industries.

Find out more about how you can short Loop Industries stock.

Loop Industries share dividends

We're not expecting Loop Industries to pay a dividend over the next 12 months.

Have Loop Industries's shares ever split?

Loop Industries's shares were split on a 1:4 basis on 21 September 2015. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Loop Industries shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Loop Industries shares which in turn could have impacted Loop Industries's share price.

Loop Industries share price volatility

Over the last 12 months, Loop Industries's shares have ranged in value from as little as $5.7 up to $13.96. A popular way to gauge a stock's volatility is its "beta".

LOOP.US volatility(beta: 0.73)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Loop Industries's is 0.7289. This would suggest that Loop Industries's shares are less volatile than average (for this exchange).

Loop Industries overview

Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and carbonated soft drinks bottles, and containers for food and other consumer products; and polyester fibers comprising carpets, clothing, and other polyester textile to consumer goods companies. The company is based in Terrebonne, Canada.

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