Intrepid Potash Inc (IPI) Shares are Down -12.75%

Intrepid Potash Inc (IPI) : During the past 4 weeks, traders have been relatively bearish on Intrepid Potash Inc (IPI), hence the stock is down -26.64% 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 -13.29% relative to the S&P 500. The 4-week change in the price of the stock is -21.69% and the stock has fallen -12.75% in the past 1 week.

Intrepid Potash Inc (NYSE:IPI): The stock opened at $1.35 on Friday but the bulls could not build on the opening and the stock topped out at $1.37 for the day. The stock traded down to $1.29 during the day, due to lack of any buying support eventually closed down at $1.30 with a loss of -5.11% for the day. The stock had closed at $1.37 on the previous day. The total traded volume was 1,015,875 shares.


The stock has recorded a 20-day Moving Average of 9.41% and the 50-Day Moving Average is 7.02%. Intrepid Potash, Inc. is up 10.17% in the last 3-month period. Year-to-Date the stock performance stands at -55.93%.

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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