Shares of IperionX Limited Sponsored ADR (NASDAQ:IPX - Get Free Report) saw an uptick in trading volume on Monday . 45,516 shares were traded during mid-day trading, a decline of 19% from the previous session's volume of 56,371 shares.The stock last traded at $33.45 and had previously closed at $35.16.
Analysts Set New Price Targets
IPX has been the subject of several recent analyst reports. B. Riley dropped their price target on IperionX from $30.00 to $28.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Wall Street Zen upgraded IperionX from a "sell" rating to a "hold" rating in a report on Friday, June 6th.
Check Out Our Latest Analysis on IPX
IperionX Trading Up 12.8%
The firm's fifty day moving average is $27.93 and its 200 day moving average is $24.50.
Institutional Trading of IperionX
Several institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in shares of IperionX by 684.4% in the 2nd quarter. GAMMA Investing LLC now owns 957 shares of the company's stock worth $30,000 after acquiring an additional 835 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of IperionX during the fourth quarter valued at about $283,000. Corigliano Investment Advisers LLC bought a new stake in shares of IperionX in the 4th quarter valued at about $344,000. Marshall Wace LLP purchased a new position in shares of IperionX in the 4th quarter worth approximately $465,000. Finally, OLD Mission Capital LLC bought a new position in shares of IperionX during the 1st quarter worth approximately $477,000. 2.76% of the stock is currently owned by institutional investors.
IperionX Company Profile
(
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.
Featured Stories
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 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.
MarketBeat All Access Sale