Neo Performance Materials (TSE:NEO) Trading Down 0.5% – Here’s Why

Neo Performance Materials Inc. (TSE:NEOGet Free Report) was down 0.5% on Monday . The company traded as low as C$7.77 and last traded at C$7.80. Approximately 25,601 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 66,135 shares. The stock had previously closed at C$7.84.

Neo Performance Materials Price Performance

The company has a fifty day moving average of C$8.23 and a 200-day moving average of C$8.11. The stock has a market cap of C$228.28 million, a PE ratio of -102.44 and a beta of 1.38. The company has a current ratio of 2.59, a quick ratio of 1.92 and a debt-to-equity ratio of 10.65.

About Neo Performance Materials

(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.

Featured Articles

Receive News & Ratings for Neo Performance Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Performance Materials and related companies with MarketBeat.com's FREE daily email newsletter.