Shares of IperionX Limited ( NASDAQ:IPX – Get Free Report ) gapped down prior to trading on Tuesday . The stock had previously closed at $38.02, but opened at $36.
19. IperionX shares last traded at $35.03, with a volume of 34,436 shares traded.
Analyst Ratings Changes Separately, B. Riley initiated coverage on IperionX in a research report on Thursday, October 10th. They set a “buy” rating and a $30.
00 price target for the company. Check Out Our Latest Research Report on IperionX IperionX Stock Down 9.5 % Institutional Investors Weigh In On IperionX Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
Stifel Financial Corp grew its stake in shares of IperionX by 34.3% during the 3rd quarter. Stifel Financial Corp now owns 703,679 shares of the company’s stock worth $15,671,000 after purchasing an additional 179,650 shares during the period.
Jane Street Group LLC boosted its holdings in IperionX by 134.2% during the third quarter. Jane Street Group LLC now owns 26,528 shares of the company’s stock worth $591,000 after buying an additional 15,202 shares in the last quarter.
Ballentine Partners LLC acquired a new stake in IperionX during the third quarter valued at $529,000. Tidal Investments LLC purchased a new position in IperionX in the third quarter valued at $368,000. Finally, Symmetry Peak Management LLC acquired a new position in shares of IperionX in the third quarter worth about $228,000.
2.76% of the stock is owned by institutional investors and hedge funds. About IperionX ( 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. Further Reading Receive News & Ratings for IperionX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IperionX and related companies with MarketBeat.com's FREE daily email newsletter .
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Business
IperionX (NASDAQ:IPX) Shares Gap Down – Here’s Why
Shares of IperionX Limited (NASDAQ:IPX – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $38.02, but opened at $36.19. IperionX shares last traded at $35.03, with a volume of 34,436 shares traded. Analyst Ratings Changes Separately, B. Riley initiated coverage on IperionX in a research report [...]