Critical Metals (NASDAQ:CRML) Shares Down 3.5% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML)’s stock price fell 3.5% during trading on Wednesday . The company traded as low as $7.81 and last traded at $7.79. 7,132 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 119,141 shares. The stock had previously closed at $8.07.

Critical Metals Stock Down 3.6 %

The company has a 50 day moving average price of $7.07 and a 200 day moving average price of $7.61.

Institutional Investors Weigh In On Critical Metals

Institutional investors and hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers purchased a new stake in Critical Metals during the 2nd quarter worth about $69,000. Barclays PLC lifted its stake in Critical Metals by 322.8% during 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 last quarter. JPMorgan Chase & Co. boosted its stake in Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after acquiring an additional 6,341 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Critical Metals during the 2nd quarter worth $101,000. Finally, Geode Capital Management LLC boosted its stake in shares of Critical Metals by 4.6% during the third 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 period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Critical Metals Company Profile

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.