Shares of NET Power Inc. (NYSE:NPWR - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.02 and last traded at $3.36, with a volume of 467545 shares. The stock had previously closed at $6.93.
Analyst Ratings Changes
Several research analysts have recently weighed in on NPWR shares. Barclays lowered their target price on NET Power from $11.00 to $3.00 and set an "equal weight" rating on the stock in a report on Wednesday. Citigroup upgraded NET Power from a "neutral" rating to a "buy" rating and lowered their target price for the stock from $14.00 to $6.00 in a report on Tuesday.
Get Our Latest Report on NPWR
NET Power Trading Up 0.5 %
The company has a fifty day moving average price of $8.04 and a two-hundred day moving average price of $8.80.
Institutional Trading of NET Power
Several institutional investors have recently made changes to their positions in NPWR. S&CO Inc. raised its position in shares of NET Power by 25.3% during the 3rd quarter. S&CO Inc. now owns 251,905 shares of the company's stock valued at $1,765,000 after buying an additional 50,805 shares during the period. Quest Partners LLC purchased a new position in shares of NET Power during the third quarter worth $153,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of NET Power during the third quarter worth $394,000. Charles Schwab Investment Management Inc. boosted its position in shares of NET Power by 24.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 244,852 shares of the company's stock worth $1,716,000 after buying an additional 48,165 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of NET Power during the third quarter worth $82,000. Hedge funds and other 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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