Neo Performance Materials (OTCMKTS:NOPMF) Trading 6.2% Higher

Neo Performance Materials Inc. (OTCMKTS:NOPMFGet Free Report)’s stock price traded up 6.2% on Monday . The company traded as high as $5.21 and last traded at $5.20. 34,920 shares traded hands during trading, an increase of 189% from the average session volume of 12,065 shares. The stock had previously closed at $4.90.

Analyst Ratings Changes

Separately, Stifel Nicolaus decreased their target price on shares of Neo Performance Materials from $9.00 to $7.50 and set a “hold” rating for the company in a research report on Monday, March 18th.

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Neo Performance Materials Stock Up 6.2 %

The firm’s fifty day moving average price is $4.61 and its 200-day moving average price is $5.11.

About Neo Performance Materials

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Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.

Further Reading

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