Critical Metals (NASDAQ:CRML) Shares Gap Up – Should You Buy?

Critical Metals Corp. (NASDAQ:CRML) gapped up before the market opened on Monday . The stock had previously closed at $7.72, but opened at $7.88. Critical Metals shares last traded at $7.47, with a volume of 23,090 shares changing hands.

Critical Metals Trading Down 0.7 %

The stock’s fifty day simple moving average is $7.18 and its 200 day simple moving average is $7.55.

Hedge Funds Weigh In On Critical Metals

A number of institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in Critical Metals by 4.6% during the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after purchasing an additional 4,583 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after buying an additional 6,341 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after buying an additional 7,996 shares during the period. 86.44% of the stock is owned by institutional investors.

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.