IperionX (NASDAQ:IPX - Free Report) had its price objective decreased by B. Riley from $30.00 to $28.00 in a research note published on Tuesday,Benzinga reports. B. Riley currently has a buy rating on the stock. B. Riley also issued estimates for IperionX's FY2025 earnings at ($0.10) EPS, FY2026 earnings at ($0.06) EPS and FY2027 earnings at $0.10 EPS.
IperionX Trading Down 0.7 %
Shares of NASDAQ IPX traded down $0.16 during midday trading on Tuesday, hitting $21.23. The company's stock had a trading volume of 18,906 shares, compared to its average volume of 46,987. IperionX has a 12-month low of $12.28 and a 12-month high of $38.93. The company has a current ratio of 13.62, a quick ratio of 13.61 and a debt-to-equity ratio of 0.02. The business's 50 day moving average is $19.83 and its two-hundred day moving average is $24.57.
Institutional Trading of IperionX
Large investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its stake in shares of IperionX by 479.2% during the first quarter. GAMMA Investing LLC now owns 2,195 shares of the company's stock valued at $39,000 after acquiring an additional 1,816 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in IperionX during the 4th quarter valued at $241,000. Citadel Advisors LLC purchased a new stake in shares of IperionX in the 4th quarter worth $283,000. Corigliano Investment Advisers LLC bought a new position in shares of IperionX during the 4th quarter worth $344,000. Finally, Marshall Wace LLP purchased a new position in shares of IperionX during the fourth quarter valued at $465,000. 2.76% of the stock is owned by hedge funds and other institutional investors.
About IperionX
(
Get Free Report)
IperionX's mission is to be the leading developer of low carbon, sustainable, critical material supply chains focused on advanced industries including space, aerospace, electric vehicles and 3D printing. IperionX's breakthrough titanium technologies have demonstrated the potential to produce titanium products that are sustainable, 100% recyclable, have low carbon intensity and to do so at product qualities that meet or exceed current industry standards.
See Also
Before you consider IperionX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IperionX wasn't on the list.
While IperionX currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
