Ieq Capital LLC bought a new position in Ion Beam Applications SA (OTCMKTS:IOBCF – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,882 shares of the company’s stock, valued at approximately $4,072,000.
Other hedge funds have also recently made changes to their positions in the company. State of Wyoming bought a new position in shares of Ion Beam Applications during the 2nd quarter worth $695,000. Old West Investment Management LLC purchased a new stake in Ion Beam Applications in the 2nd quarter worth about $1,082,000. Simplicity Wealth LLC bought a new stake in Ion Beam Applications in the 2nd quarter valued at about $205,000. Deutsche Bank AG bought a new stake in Ion Beam Applications in the 2nd quarter valued at about $10,140,000. Finally, BlackRock Inc. purchased a new stake in Ion Beam Applications during the second quarter valued at about $488,621,000. 14.86% of the stock is currently owned by institutional investors.
Ion Beam Applications Stock Performance
Shares of OTCMKTS:IOBCF opened at $18.58 on Tuesday. Ion Beam Applications SA has a twelve month low of $11.45 and a twelve month high of $20.10. The company has a 50-day moving average price of $18.85 and a two-hundred day moving average price of $17.85.
Ion Beam Applications Profile
Ion Beam Applications (OTCMKTS: IOBCF) is a Belgium-based medical technology company specializing in the development and deployment of particle therapy solutions for cancer treatment. Founded in 1986 and headquartered in Louvain-la-Neuve, the company is best known for its Proteus® line of proton therapy systems, which are designed to deliver precise, high-energy particle beams that target tumors while sparing healthy tissue. IBA oversees the full project lifecycle, from system design and manufacturing to installation, commissioning, and ongoing service support.
In addition to its flagship proton therapy business, IBA operates a diversified portfolio of technologies for medical and industrial applications.
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