Loop Industries, Inc. (LOOP)

$3.5

-0.01 (-0.28%)
Rating:
Recommendation:
Buy
Symbol LOOP
Price $3.5
Beta 1.425
Volume Avg. 0.04M
Market Cap 166.324M
Shares () -
52 Week Range 1.845-3.8
1y Target Est -
DCF Unlevered LOOP DCF ->
DCF Levered LOOP LDCF ->
ROE -13.14% Sell
ROA -12.63% Sell
Operating Margin -
Debt / Equity 14.57% Neutral
P/E -21.87 Strong Sell
P/B 7.28 Strong Buy
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Mr. Daniel Solomita
Basic Materials
Specialty Chemicals
NASDAQ Global Market

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.