Neo Performance Materials (OTCMKTS:NOPMF) Trading Down 2.9% – Time to Sell?

Neo Performance Materials Inc. (OTCMKTS:NOPMFGet Free Report)’s share price was down 2.9% on Wednesday . The company traded as low as $10.44 and last traded at $10.46. Approximately 116,096 shares were traded during mid-day trading, an increase of 322% from the average daily volume of 27,537 shares. The stock had previously closed at $10.77.

Neo Performance Materials Price Performance

The firm has a fifty day simple moving average of $8.29 and a 200 day simple moving average of $6.73.

Neo Performance Materials Company Profile

(Get Free Report)

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.

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