Neo Performance Materials (OTCMKTS:NOPMF) Trading 8.8% Higher – Here’s What Happened

Neo Performance Materials Inc. (OTCMKTS:NOPMFGet Free Report) shares traded up 8.8% on Tuesday . The company traded as high as $6.08 and last traded at $6.03. 17,035 shares traded hands during trading, an increase of 86% from the average session volume of 9,178 shares. The stock had previously closed at $5.54.

Neo Performance Materials Stock Performance

The stock has a 50 day moving average price of $5.79 and a two-hundred day moving average price of $5.78.

Neo Performance Materials Company Profile

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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.

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