IperionX Limited (NASDAQ:IPX - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $25.99, but opened at $29.87. IperionX shares last traded at $30.25, with a volume of 19,630 shares traded.
IperionX Price Performance
The company has a debt-to-equity ratio of 0.02, a quick ratio of 13.61 and a current ratio of 13.62. The business has a 50 day moving average of $28.78 and a two-hundred day moving average of $24.19.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Thomist Capital Management LP acquired a new stake in IperionX in the fourth quarter valued at approximately $32,305,000. Stifel Financial Corp lifted its holdings in shares of IperionX by 27.9% during the 4th quarter. Stifel Financial Corp now owns 900,237 shares of the company's stock valued at $30,968,000 after purchasing an additional 196,558 shares during the last quarter. Sowell Financial Services LLC acquired a new stake in shares of IperionX in the 4th quarter worth $1,597,000. Jane Street Group LLC boosted its position in shares of IperionX by 134.2% in the 3rd quarter. Jane Street Group LLC now owns 26,528 shares of the company's stock worth $591,000 after purchasing an additional 15,202 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in IperionX by 15.8% during the 4th quarter. Bank of America Corp DE now owns 24,193 shares of the company's stock worth $832,000 after buying an additional 3,293 shares during the last quarter. 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.
Featured Stories
Before you consider IperionX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IperionX wasn't on the list.
While IperionX currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
