IperionX Limited (NASDAQ:IPX - Get Free Report) was down 4.2% during mid-day trading on Wednesday . The company traded as low as $17.12 and last traded at $17.03. Approximately 10,037 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 64,935 shares. The stock had previously closed at $17.77.
IperionX Trading Down 2.8 %
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 stock's 50-day moving average is $22.88 and its 200 day moving average is $25.14.
Institutional Trading of IperionX
Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in IperionX by 134.2% in the third quarter. Jane Street Group LLC now owns 26,528 shares of the company's stock worth $591,000 after acquiring an additional 15,202 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of IperionX in the 4th quarter valued at approximately $1,597,000. Stifel Financial Corp lifted its holdings in IperionX by 34.3% in the 3rd quarter. Stifel Financial Corp now owns 703,679 shares of the company's stock worth $15,671,000 after purchasing an additional 179,650 shares during the last quarter. Tidal Investments LLC acquired a new position in IperionX during the third quarter valued at approximately $368,000. Finally, Atlantic Union Bankshares Corp acquired a new position in IperionX in the 4th quarter valued at $241,000. Institutional investors and hedge funds own 2.76% of the company's stock.
About IperionX
(
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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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