Alert: Major Price Advance (12/14/23)-Intrepid Potash Inc (NYSE: IPI).


Intrepid Potash Inc (NYSE: IPI) stock enjoyed a major increase of 20.3% on 12/14/23. The shares closed at $23.17. Moreover, this advance was accompanied by exceptionally high trading volume at 507% of normal. The stock has performed in line with the market over the last nine months and has risen 20.7% during the last week.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, IPI is expected to be a modest Value Eraser.

Intrepid Potash has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Intrepid Potash has a good Appreciation Score of 85 but a slightly negative Power Rating of 33, with the High Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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