Critical Metals (NASDAQ:CRML) Shares Down 5.1% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML)’s share price was down 5.1% on Thursday . The stock traded as low as $7.19 and last traded at $7.18. Approximately 87,981 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 132,005 shares. The stock had previously closed at $7.56.

Critical Metals Trading Down 3.3 %

The stock’s fifty day moving average price is $7.00 and its 200-day moving average price is $7.70.

Institutional Investors Weigh In On Critical Metals

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC increased its position in shares of Critical Metals by 322.8% during the 3rd 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. Geode Capital Management LLC boosted its stake in 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. Bank of New York Mellon Corp acquired a new stake in shares of Critical Metals during the second quarter valued at about $185,000. Rhumbline Advisers purchased a new stake in shares of Critical Metals in the 2nd quarter valued at approximately $69,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Critical Metals in the 2nd quarter worth approximately $101,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

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.