In last trading session, Loop Industries Inc (NASDAQ:LOOP) saw 95085.0 shares changing hands with its beta currently measuring 1.58. Company’s recent per share price level of $1.19 trading at -$0.01 or -0.83% at ring of the bell on the day assigns it a market valuation of $56.66M. That closing price of LOOP’s stock is at a discount of -248.74% from its 52-week high price of $4.15 and is indicating a premium of 3.36% from its 52-week low price of $1.15. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.2 million shares which gives us an average trading volume of 1.49 million if we extend that period to 3-months.

Loop Industries Inc (NASDAQ:LOOP) trade information

Upright in the red during last session for losing -0.83%, in the last five days LOOP remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $1.19 price level, adding 13.14% to its value on the day. Loop Industries Inc’s shares saw a change of -0.83% in year-to-date performance and have moved -0.83% in past 5-day. Loop Industries Inc (NASDAQ:LOOP) showed a performance of -8.39% in past 30-days. Number of shares sold short was 0.67 million shares which calculate 0.18 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 60.33% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -152.1% in reaching the projected high whereas dropping to the targeted low would mean a loss of -152.1% for stock’s current value.

Loop Industries Inc (LOOP) estimates and forecasts

Statistics highlight that Loop Industries Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -43.33% of value to its shares in past 6 months, showing an annual growth rate of 29.55% while that of industry is 15.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.08% during past 5 years.

Loop Industries Inc (NASDAQ:LOOP)’s Major holders

Insiders are in possession of 50.64% of company’s total shares while institution are holding 13.20 percent of that, with stock having share float percentage of 26.75%. Investors also watch the number of corporate investors in a company very closely, which is 13.20% institutions for Loop Industries Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LOOP for having 0.34 million shares of worth $0.72 million. And as of 2024-06-30, it was holding 0.7198 of the company’s outstanding shares.

The second largest institutional holder is CI PRIVATE WEALTH, LLC, which was holding about 0.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.5214 of outstanding shares, having a total worth of $0.52 million.