Neo Performance Materials (OTCMKTS:NOPMF) Lowered to Hold at Stifel Nicolaus

Stifel Nicolaus cut shares of Neo Performance Materials (OTCMKTS:NOPMF – Get Rating) from a buy rating to a hold rating in a research note released on Monday morning, The Fly reports.

Neo Performance Materials Stock Performance

OTCMKTS:NOPMF opened at $6.00 on Monday. Neo Performance Materials has a one year low of $5.41 and a one year high of $13.16. The business has a fifty day moving average price of $6.67 and a 200-day moving average price of $7.29.

About Neo Performance Materials

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Neo Performance Materials, Inc engages in the manufacture of metal-based functional materials. It operates through the following segments: Magnequench, Chemicals and Oxides, Rare Metals, and Corporate. The Magnequench segment focuses in the manufacture of bonded NdFeB powders and bonded permanent magnets.