Critical Metals (NASDAQ:CRML) Shares Gap Up – What’s Next?

Critical Metals Corp. (NASDAQ:CRML) gapped up before the market opened on Tuesday . The stock had previously closed at $6.46, but opened at $6.86. Critical Metals shares last traded at $6.86, with a volume of 382 shares.

Critical Metals Price Performance

The company has a 50-day moving average of $6.68 and a 200-day moving average of $8.40.

Institutional Investors Weigh In On Critical Metals

Several large investors have recently modified their holdings of the stock. Geode Capital Management LLC raised its position in Critical Metals by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after buying an additional 4,583 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Critical Metals during the second quarter worth about $185,000. Barclays PLC lifted its position in Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after purchasing an additional 7,996 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals in the 2nd quarter valued at approximately $101,000. Finally, Rhumbline Advisers acquired a new position in Critical Metals during the 2nd quarter worth approximately $69,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

About Critical Metals

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.