Highlights
NASDAQ: LOOP       Loop Industries Inc
Last Price Today's Change   Day's Range   Trading Volume
10.20   +0.05 (0.49%)  10.11 - 10.25  40,200

Overview

 
Avg Volume (4 weeks):44,023
4 Weeks Range:8.80 - 10.68
4 Weeks Price Volatility (%):
74.47%
52 Weeks Range:6.05 - 18.65
52 Weeks Price Volatility (%):
32.94%
Average Price Target:-

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Business Background

Loop Industries Inc is a waste management enterprise primarily active in the United States and to a lesser extent in Canada. Its business involves plastics recycling with the aid of de-polymerization technology. Its technology uses waste PET plastics, such as water bottles, soda bottles, consumer packaging, carpets and industrial waste as feedstock to manufacture purified Terephthalic Acid (PTA) and Mono Ethylene Glycol. These elements are further used in manufacturing virgin plastic such as PET plastic and polyester fiber. The resulting product appears as a crystalline substance, which is then filtered, purified, dried and stored.

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