At the time of writing, Loop Industries Inc [LOOP] stock is trading at $1.57, up 25.60%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LOOP shares have gain 45.37% over the last week, with a monthly amount glided 46.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Loop Industries Inc [NASDAQ: LOOP] stock has seen the most recent analyst activity on December 29, 2022, when H.C. Wainwright downgraded its rating to a Neutral. Previously, H.C. Wainwright upgraded its rating to Buy on October 07, 2021, and kept the price target unchanged to $23. On January 22, 2021, downgrade downgraded it’s rating to Neutral. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 14, 2019. H.C. Wainwright initiated its recommendation with a Buy and recommended $12 as its price target on April 26, 2019.
For the past year, the stock price of Loop Industries Inc fluctuated between $0.85 and $2.69. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Loop Industries Inc [NASDAQ: LOOP] shares were valued at $1.57 at the most recent close of the market. An investor can expect a potential return of 91.08% based on the average LOOP price forecast.
Analyzing the LOOP fundamentals
According to Loop Industries Inc [NASDAQ:LOOP], the company’s sales were 10.89M for trailing twelve months, which represents an 23920.00% jump. Gross Profit Margin for this corporation currently stands at -3.23% with Operating Profit Margin at -149.67%, Pretax Profit Margin comes in at -214.53%, and Net Profit Margin reading is -214.53%. To continue investigating profitability, this company’s Return on Assets is posted at -5.78, Equity is -5.06 and Total Capital is 5.55. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Loop Industries Inc [NASDAQ:LOOP] has a current ratio of 3.50. Also, the Quick Ratio is 3.48, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 6.88, the price to book ratio is 203.63.
Transactions by insiders
Recent insider trading involved Hart Spencer, Director, that happened on Feb 19 ’25 when 73201.0 shares were purchased. Director, Hart Spencer completed a deal on Feb 20 ’25 to buy 55000.0 shares. Meanwhile, Director Hart Spencer bought 21245.0 shares on Feb 18 ’25.
