Neo Performance Materials (OTCMKTS:NOPMF) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Neo Performance Materials (OTCMKTS:NOPMF) to a hold rating in a report published on Thursday,Zacks.com reports.

Neo Performance Materials Price Performance

NOPMF stock traded up $0.40 during mid-day trading on Thursday, hitting $12.00. 23,217 shares of the company were exchanged, compared to its average volume of 44,831. The firm has a fifty day simple moving average of $13.64 and a 200 day simple moving average of $11.22. Neo Performance Materials has a twelve month low of $4.97 and a twelve month high of $17.35.

Neo Performance Materials Company Profile

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.