Loop Industries (LOOP)

• Market cap: $54.3M
• 1 day: 2.70%
• 5 days: -2.56%
• 1 month: -5.79%
• 3 months: -25.97%
• 6 months: -36.31%
• Year to date: -3.39%
• 1 year: -68.33%
• 5 years: -88.74%
• 10 years: -92.45%
• Sector: Materials
• Industry: Chemicals & Allied Products

About: Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Employees: 50

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.06% less ownership

Funds ownership: 3.88% [Q2] → 3.82% (-0.06%) [Q3]

13% less capital invested

Capital invested by funds: $3.86M [Q2] → $3.34M (-$512K) [Q3]

17% less funds holding

Funds holding: 30 [Q2] → 25 (-5) [Q3]

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $36K