Neo Performance Materials (TSE:NEO - Get Free Report) had its price target lifted by investment analysts at Stifel Nicolaus from C$16.50 to C$17.50 in a research report issued on Monday,BayStreet.CA reports. Stifel Nicolaus' price objective would indicate a potential upside of 59.67% from the company's previous close.
Neo Performance Materials Trading Down 1.4%
Neo Performance Materials stock traded down C$0.15 during trading hours on Monday, reaching C$10.96. The company had a trading volume of 88,618 shares, compared to its average volume of 96,240. The firm has a market cap of C$320.77 million, a price-to-earnings ratio of -143.94 and a beta of 1.38. The company has a 50-day moving average price of C$9.38 and a 200 day moving average price of C$8.60. Neo Performance Materials has a 12-month low of C$5.98 and a 12-month high of C$12.07. The company has a debt-to-equity ratio of 10.65, a current ratio of 2.59 and a quick ratio of 1.92.
About Neo Performance Materials
(
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Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.
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