Somewhat Negative Media Coverage Somewhat Unlikely to Impact Loop Industries (LOOP) Stock Price

News articles about Loop Industries (NASDAQ:LOOP) have trended somewhat negative on Monday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Loop Industries earned a media sentiment score of -0.10 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.5404930817974 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Loop Industries (NASDAQ:LOOP) opened at $12.99 on Monday. Loop Industries has a 1-year low of $4.00 and a 1-year high of $18.99. The company has a market capitalization of $426.16, a price-to-earnings ratio of -38.21 and a beta of -19.97.

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About Loop Industries

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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