Benchmark Upgrades Maywood Acquisition (NASDAQ:IPEX) to “Moderate Buy”

Maywood Acquisition (NASDAQ:IPEXGet Free Report) was upgraded by investment analysts at Benchmark to a “moderate buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Weiss Ratings upgraded Maywood Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Maywood Acquisition presently has a consensus rating of “Hold”.

Get Our Latest Report on IPEX

Maywood Acquisition Stock Performance

IPEX stock opened at $10.54 on Wednesday. The company has a fifty day moving average of $10.50. Maywood Acquisition has a twelve month low of $10.08 and a twelve month high of $10.55.

Maywood Acquisition (NASDAQ:IPEXGet Free Report) last announced its quarterly earnings data on Friday, May 15th. The company reported $0.02 EPS for the quarter.

Institutional Investors Weigh In On Maywood Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Maywood Acquisition in the 4th quarter valued at $519,000. Meteora Capital LLC acquired a new stake in shares of Maywood Acquisition in the 4th quarter valued at about $1,140,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Maywood Acquisition in the 4th quarter valued at about $1,152,000. Finally, Magnetar Financial LLC bought a new stake in shares of Maywood Acquisition in the fourth quarter valued at about $2,565,000.

About Maywood Acquisition

(Get Free Report)

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.

Further Reading

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