LOOP: Loop Industries, Inc. - Summary | Jitta

Loop Industries, Inc.

NASDAQ:LOOP

Price
$0.75
Loss Chance
58.4%
0.93JITTA SCORE
100.00%Over Jitta Line
Jitta Ranking
62 / 72
151 / 175
3,887 / 4,225
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (9)
Recent Business Performance (11)
Financial Strength (28)
Return to Shareholders (13)
Competitive Advantage (20)
Jitta Signs
Cash Conversion CycleLess than 30 days
Operating MarginDeclined
Recent Business PerformanceEarning decline 103.72% in the last year
CapExVery High
Key Stats
Jitta Score
Jitta Line
0.93
100.00%
3.68
233.46%
3.89
178.91%
Commodity Chemicals
3.27
9.88%
6.19
74.15%
6.75
17.30%
COMPANY DESCRIPTION
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.