IperionX Limited Sponsored ADR (NASDAQ:IPX - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $33.89, but opened at $36.72. IperionX shares last traded at $36.16, with a volume of 43,440 shares trading hands.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. Wall Street Zen raised shares of IperionX from a "sell" rating to a "hold" rating in a research note on Friday, June 6th. B. Riley cut their price objective on shares of IperionX from $30.00 to $28.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd.
View Our Latest Stock Report on IPX
IperionX Trading Down 2.6%
The stock's fifty day moving average price is $28.35 and its 200 day moving average price is $24.55.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC raised its position in shares of IperionX by 684.4% during the 2nd quarter. GAMMA Investing LLC now owns 957 shares of the company's stock valued at $30,000 after purchasing an additional 835 shares during the period. Bank of America Corp DE raised its position in shares of IperionX by 15.8% during the 4th quarter. Bank of America Corp DE now owns 24,193 shares of the company's stock valued at $832,000 after purchasing an additional 3,293 shares during the period. Citadel Advisors LLC bought a new stake in shares of IperionX during the 4th quarter valued at $283,000. Corigliano Investment Advisers LLC bought a new stake in shares of IperionX during the 4th quarter valued at $344,000. Finally, Jane Street Group LLC raised its position in shares of IperionX by 70.4% during the 1st quarter. Jane Street Group LLC now owns 31,967 shares of the company's stock valued at $575,000 after purchasing an additional 13,207 shares during the period. Hedge funds and other institutional investors own 2.76% of the company's stock.
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.
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