Critical Metals (NASDAQ:CRML) Stock Price Up 8% – Still a Buy?

Critical Metals Corp. (NASDAQ:CRML)’s stock price traded up 8% on Tuesday . The stock traded as high as $7.60 and last traded at $7.63. 36,951 shares were traded during trading, a decline of 70% from the average session volume of 123,602 shares. The stock had previously closed at $7.06.

Critical Metals Trading Up 14.3 %

The firm’s fifty day moving average is $7.07 and its 200 day moving average is $7.61.

Institutional Investors Weigh In On Critical Metals

Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after acquiring an additional 6,341 shares during the period. Barclays PLC increased its stake in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the period. Geode Capital Management LLC lifted its position in shares of 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 purchasing an additional 4,583 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Critical Metals during the 2nd quarter valued at approximately $101,000. Finally, Rhumbline Advisers acquired a new stake in Critical Metals in the 2nd quarter valued at approximately $69,000. Institutional investors and hedge funds 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.