IperionX Ltd ADR (NASDAQ:IPX) shares, rose in value on Thursday, April 16, with the stock price up by 5.16% to the previous day’s close as strong demand from buyers drove the stock to $19.76.
Actively observing the price movement in the last trading, the stock closed the session at $18.79, falling within a range of $19.0 and $20.28. The value of beta (5-year monthly) was 0.558. Referring to stock’s 52-week performance, its high was $38.93, and the low was $12.27. On the whole, IPX has fluctuated by -1.74% over the past month.
With the market capitalization of IperionX Ltd ADR currently standing at about $630.74 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Oct-31.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IPX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of IPX currently trading nearly 16.62% and -6.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.80, while the 7-day volatility ratio is showing 10.33% which for the 30-day chart, stands at 8.87%. Furthermore, IperionX Ltd ADR (IPX)’s beta value is 0.80, and its average true range (ATR) is 1.74.
A comparison of IperionX Ltd ADR (IPX) with its peers suggests the former has fared considerably weaker in the market. IPX showed an intraday change of 5.16% in last session, and over the past year, it grew by 30.43%%.
Data on historical trading for IperionX Ltd ADR (NASDAQ:IPX) indicates that the trading volumes over the past 10 days have averaged 0.14 and over the past 3 months, they’ve averaged 77.28K. According to company’s latest data on outstanding shares, there are 31.58 million shares outstanding.
IperionX Ltd ADR’s shares belong to company insiders and institutional investors own 6.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.11 million shares as on 2025-03-31, resulting in a short ratio of 1.62. According to the data, the short interest in IperionX Ltd ADR (IPX) stood at 39.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 66694.0. The stock has fallen by -42.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IPX stock heading into the next quarter.
