Loop Industries Inc (NASDAQ:LOOP) currently has a daily average trading volume of 1.49M but it saw 95085 shares traded in last market. With a market cap of 56.67M USD, the company’s current market price of $1.19 came falling about -0.83 while comparing to the previous closing price of $1.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.15 and as low as $1.15. In the recent trading on the day, stock has struck highest price mark of $1.13 while lowest mark touched by it was $1.21.
Taking a look at 20-day trading activity of Loop Industries Inc (LOOP) gives us an average price of $1.3133, while its current price level is -71.36% below from 52-week high level whereas it is 3.48% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3298 while that of 200 days or SMA-200 reads an average of $1.9227. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.31% during that period while stretching the period over a month that increases to 11.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.68 which implies that the stock is in neutral territory.
H.C. Wainwright upgraded its recommendation for the stock as a “Buy” from “Neutral” on October 07, 2021 while assigning a price target of $23.
Over the week, LOOP’s stock price is moving -0.83% down while it is -8.39% when we observe its performance for the past one month. Year-to-date it is -0.83% down and over the past year, the stock is showing a downside performance of -67.31%.
Currently, Loop Industries Inc’s total number of outstanding shares is 47.62M. Company’s return on investment (ROI) stands at -207.47% and return on equity (ROE) at -139.98%. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 11.72 while price to sale or P/S ratio amounts to 566.70. Its return on asset (ROA) is -87.70% on average.
