Intrepid Potash Inc (IPI) Shares are Down -6.77%

Intrepid Potash Inc (IPI) : During the past 4 weeks, traders have been relatively bearish on Intrepid Potash Inc (IPI), hence the stock is down -4.84% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.26% relative to the S&P 500. The 4-week change in the price of the stock is -6.77% and the stock has fallen -6.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.55% and the 50-Day Moving Average is 8.16%.The 200 Day SMA reached 25.26% Intrepid Potash, Inc. has dropped 20% during the last 3-month period . Year-to-Date the stock performance stands at -57.97%.


Intrepid Potash Inc (IPI) : Average target price received by Intrepid Potash Inc (IPI) is $2.67 with an expected standard deviation of $1.53. The most aggressive target on the stock is $4, whereas the most downbeat target is $1. 3 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week Intrepid Potash Inc (NYSE:IPI): stock was range-bound between the intraday low of $1.24 and the intraday high of $1.3 after having opened at $1.28 on Fridays session. The stock finally closed in the red at $1.28, a loss of -3.88%. The stock remained in the red for the whole trading day. The total traded volume was 1,354,851 shares. The stock failed to cross $1.3 in Fridays trading. The stocks closing price on Thursday was $1.24.

Intrepid Potash, Inc. is a producer of muriate of potash (potassium chloride or potash) and langbeinite (sulfate of potash magnesia) in the United States. The Company sells potash and Trio into the agricultural market as a fertilizer. The Company also sells produce salt, magnesium chloride and metal recovery salts from its potash mining processes. The Company owns three solution mining facilities and two conventional underground facilities that are utilized for producing potash. Its solution mining production comes from the HB solar solution mine near Carlsbad, New Mexico, a solar solution mine near Moab, Utah and a solar evaporation shallow brine mine in Wendover, Utah. The Companys conventional production comes from its underground West and East mines near Carlsbad, New Mexico, which services the West and HB mines.

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