NET Power Inc. (NYSE:NPWR - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $6.53 and last traded at $6.58, with a volume of 688931 shares changing hands. The stock had previously closed at $7.25.
NET Power Stock Performance
The stock's 50-day moving average is $8.73 and its two-hundred day moving average is $8.96.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in NET Power by 13.1% during the fourth quarter. Vanguard Group Inc. now owns 2,865,402 shares of the company's stock valued at $30,345,000 after purchasing an additional 332,554 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of NET Power by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 658,563 shares of the company's stock valued at $6,976,000 after acquiring an additional 11,979 shares during the last quarter. Marshall Wace LLP grew its position in NET Power by 9.4% in the fourth quarter. Marshall Wace LLP now owns 448,547 shares of the company's stock worth $4,750,000 after acquiring an additional 38,627 shares in the last quarter. HITE Hedge Asset Management LLC increased its stake in NET Power by 6.2% during the fourth quarter. HITE Hedge Asset Management LLC now owns 411,512 shares of the company's stock worth $4,358,000 after acquiring an additional 23,888 shares during the last quarter. Finally, State Street Corp increased its stake in NET Power by 11.8% during the third quarter. State Street Corp now owns 369,281 shares of the company's stock worth $2,589,000 after acquiring an additional 38,910 shares during the last quarter. 53.62% of the stock is currently owned by institutional investors.
About NET Power
(
Get Free Report)
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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