NET Power Inc. (NYSE:NPWR - Get Free Report) shares were up 8.6% on Tuesday . The company traded as high as $11.51 and last traded at $11.47. Approximately 390,093 shares were traded during mid-day trading, an increase of 26% from the average daily volume of 310,722 shares. The stock had previously closed at $10.56.
Wall Street Analyst Weigh In
Separately, Barclays assumed coverage on shares of NET Power in a research report on Wednesday, April 10th. They issued an "equal weight" rating and a $13.00 price objective for the company.
Get Our Latest Analysis on NPWR
NET Power Stock Performance
The stock has a 50-day moving average price of $10.42 and a two-hundred day moving average price of $10.06.
Institutional Trading of NET Power
Several institutional investors have recently added to or reduced their stakes in NPWR. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in NET Power during the fourth quarter valued at approximately $31,000. Williams Jones Wealth Management LLC. bought a new position in shares of NET Power in the 1st quarter worth $128,000. Neuberger Berman Group LLC bought a new stake in NET Power during the fourth quarter valued at about $163,000. Bank of New York Mellon Corp bought a new stake in NET Power during the third quarter valued at about $184,000. Finally, Jump Financial LLC purchased a new position in NET Power in the fourth quarter valued at about $197,000. Institutional investors own 53.62% of the company's stock.
About NET Power
(
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NET Power Inc operates as a clean energy technology company. The company invents, develops, and licenses clean power generation technology. NET Power Inc was founded in 2010 and is headquartered in Durham, North Carolina.
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