Loop Industries, Inc. (LOOP)
NasdaqGM
Fundamentals
Valuation and ratings
Loop Industries, Inc. trades at USD0.80. We do not hold enough of the inputs to run a discounted cash flow on this company, so we publish no fair value for it rather than a number we would not defend.
About Loop Industries, Inc.
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into its base building block monomers. The company's technology depolymerizes plastic bottles, packaging, and textiles, such as carpets and clothing into base building block monomers, dimethyl terephthalate, and monoethylene glycol. Its polymerized monomers are used to create virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, containers for food, and other consumer products; and polyester fibers, including textiles, clothing, and apparel. Loop Industries, Inc. was founded in 2010 and is headquartered in Terrebonne, Canada.
Super investor ownership
2 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$212.6K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$70.5K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Which funds own LOOP?
2 of the institutions we track reported a position in LOOP in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
The full research page for LOOP, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.