IperionX (NASDAQ:IPX – Get Free Report) was upgraded by equities researchers at ThinkEquity to a “strong-buy” rating in a research report issued on Tuesday, Zacks.com reports.
IperionX Trading Up 3.5 %
Shares of IPX stock opened at $13.40 on Tuesday. The business’s 50 day moving average is $14.11 and its two-hundred day moving average is $13.09. IperionX has a 12-month low of $6.51 and a 12-month high of $16.50.
Hedge Funds Weigh In On IperionX
An institutional investor recently bought a new position in IperionX stock. EntryPoint Capital LLC bought a new stake in IperionX Limited (NASDAQ:IPX – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,220 shares of the company’s stock, valued at approximately $33,000. Hedge funds and other institutional investors own 2.76% of the company’s stock.
IperionX Company Profile
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.
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