Critical Metals (NASDAQ:CRML) Trading 5.9% Higher – Should You Buy?

Critical Metals Corp. (NASDAQ:CRML) shares were up 5.9% during trading on Monday . The stock traded as high as $7.01 and last traded at $7.01. Approximately 19,372 shares traded hands during trading, a decline of 32% from the average daily volume of 28,572 shares. The stock had previously closed at $6.62.

Critical Metals Trading Up 4.1 %

The company has a fifty day simple moving average of $6.65 and a two-hundred day simple moving average of $8.28.

Institutional Trading of Critical Metals

Several hedge funds have recently added to or reduced their stakes in the company. Rhumbline Advisers acquired a new stake in Critical Metals in the second quarter valued at $69,000. Barclays PLC raised 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 acquiring an additional 7,996 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals during the second quarter worth approximately $101,000. Bank of New York Mellon Corp acquired a new position in Critical Metals in the second quarter valued at approximately $185,000. Finally, Geode Capital Management LLC boosted its holdings in Critical Metals by 4.6% in 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 in the last quarter. 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.