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Loop Industries, Inc. (LOOP) stock surged +2.80%, trading at $1.10 on NASDAQ, up from the previous close of $1.07. The stock opened at $1.07, fluctuating between $1.09 and $1.16 in the recent session.
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.
Employees | 50 |
Beta | 1.63 |
Sales or Revenue | $172.84K |
5Y Sales Change% | 0% |
Fiscal Year Ends | February |
Sector | Basic Materials |
Industry | Chemicals - Specialty |