Loop Industries (LOOP) Earns News Sentiment Score of -0.03

News headlines about Loop Industries (NASDAQ:LOOP) have trended somewhat negative recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Loop Industries earned a media sentiment score of -0.03 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.7629306778995 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Loop Industries (LOOP) opened at $16.55 on Friday. Loop Industries has a fifty-two week low of $4.00 and a fifty-two week high of $19.00. The firm has a market cap of $557.72, a price-to-earnings ratio of -48.68 and a beta of -19.98.

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Loop Industries Company Profile

Loop Industries, Inc, formerly First American Group Inc, is a manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the chemical components used in manufacturing polyethylene terephthalate (PET). The Company is engaged in designing, prototyping and building a closed loop plastics recycling business using a de-polymerization technology.

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