IperionX Limited Sponsored ADR (NASDAQ:IPX - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $30.03, but opened at $28.39. IperionX shares last traded at $27.83, with a volume of 11,810 shares trading hands.
Analyst Ratings Changes
IPX has been the topic of a number of recent research reports. B. Riley dropped their target price on IperionX from $30.00 to $28.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Wall Street Zen raised IperionX from a "sell" rating to a "hold" rating in a report on Friday, June 6th.
Get Our Latest Stock Report on IPX
IperionX Stock Up 9.3%
The stock has a fifty day moving average price of $25.58 and a 200-day moving average price of $24.48.
Institutional Trading of IperionX
A number of institutional investors have recently modified their holdings of IPX. GAMMA Investing LLC boosted its stake in shares of IperionX by 479.2% in the first quarter. GAMMA Investing LLC now owns 2,195 shares of the company's stock valued at $39,000 after buying an additional 1,816 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of IperionX in the fourth quarter valued at approximately $283,000. Corigliano Investment Advisers LLC purchased a new stake in shares of IperionX in the fourth quarter valued at approximately $344,000. Marshall Wace LLP purchased a new stake in shares of IperionX in the fourth quarter valued at approximately $465,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of IperionX in the first quarter valued at approximately $477,000. 2.76% of the stock is currently 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.
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