Financial Review of Intrepid Potash, Inc (NYSE:IPI)


Intrepid Potash, Inc (NYSE:IPI) major shareholder Clearway Capital Management Lt bought 300,000 shares of the firm's stock in a transaction that occurred on Friday, July 21st.

A number of research firms recently commented on IPI. A rating of 4 or 5 would represent a Sell recommendation. Zacks Investment Research raised Intrepid Potash from a "hold" rating to a "buy" rating and set a $2.00 price target on the stock in a report on Wednesday, April 26th.

Intrepid Potash, Inc (IPI) traded up 11.0487% during trading on Friday, hitting $3.8756. The firm has a 50 day moving average price of $2.55 and a 200 day moving average price of $2.12. The company's market capitalization is $480.84 million.

Intrepid Potash Inc (NYSE:IPI)'s revenue estimates for the current quarter are $40.44 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $40.44 Million in contradiction of low revenue estimates of $40.44 Million. Over the past twelve months, Intrepid Potash, Inc. At present, 3 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Intrepid Potash had a negative return on equity of 14.71% and a negative net margin of 33.27%. The business had revenue of $43.90 million during the quarter, compared to the consensus estimate of $37.75 million.

The RSI is most typically used on a 14-day timeframe, measured on a scale from 0 to 100, with high and low levels marked at 70 and 30, respectively.

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Covering sell-side analysts have recently weighed in on shares of Intrepid Potash, Inc.

ILLEGAL ACTIVITY NOTICE: This article was originally posted by BBNS and is owned by of BBNS. If you are viewing this report on another site, it was stolen and reposted in violation of United States and worldwide trademark and copyright law. The correct version of this piece can be read at The stock was acquired at an average price of $2.98 per share, for a total transaction of $642,806.86. Bank of New York Mellon Corp now owns 568,163 shares of the basic materials company's stock worth $977,000 after buying an additional 7,793 shares during the period. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. The shares were acquired at an average cost of $2.30 per share, for a total transaction of $115,000.00. However the six-month change in the insider ownership was recorded 421.45%, as well as three-month change in the institutional ownership was recorded -0.65%. During that time period, shares are up 44.21% which has provided some nice profits for investors who may be looking to take advantage of the recent gains. Rhumbline Advisers purchased a new stake in shares of Intrepid Potash during the second quarter valued at approximately $241,000. FMR LLC boosted its stake in shares of Intrepid Potash by 203.7% in the fourth quarter. California Public Employees Retirement System now owns 974,500 shares of the basic materials company's stock valued at $1,676,000 after buying an additional 96,100 shares in the last quarter. Segantii Capital Management Ltd increased its stake in shares of Intrepid Potash by 1,134.8% in the first quarter. Wellington Management Group LLP now owns 126,757 shares of the basic materials company's stock worth $218,000 after buying an additional 81,484 shares during the period. California Public Employees Retirement System increased its position in Intrepid Potash by 10.9% in the first quarter.

When investors engage in short selling or "shorting a stock", they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. Corporate insiders own 27.20% of the company's stock.

Intrepid Potash, Inc is a producer of muriate of potash (potassium chloride or potash) and langbeinite (sulfate of potash magnesia) in the United States, which it markets and sells as Trio. The Firm operates in the extraction, production and sale of potassium-related products. Its products are potash and Trio.