Weiss Ratings reiterated their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM - Free Report) in a report published on Thursday,Weiss Ratings reports.
Separately, Maxim Group lowered their target price on 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating on the stock in a research report on Wednesday, February 19th.
Check Out Our Latest Report on FEAM
5E Advanced Materials Trading Up 1.6 %
NASDAQ:FEAM traded up $0.08 on Thursday, reaching $5.22. The company's stock had a trading volume of 12,702 shares, compared to its average volume of 13,620. The firm has a market cap of $93.94 million, a PE ratio of -0.21 and a beta of 1.66. The company has a debt-to-equity ratio of 35.91, a quick ratio of 0.15 and a current ratio of 0.15. The business's 50-day moving average price is $4.09 and its two-hundred day moving average price is $8.70. 5E Advanced Materials has a 1-year low of $2.82 and a 1-year high of $45.89.
5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($4.83) earnings per share (EPS) for the quarter. Equities research analysts anticipate that 5E Advanced Materials will post -9.22 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in 5E Advanced Materials stock. Geode Capital Management LLC raised its position in 5E Advanced Materials, Inc. (NASDAQ:FEAM - Free Report) by 11.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 487,922 shares of the company's stock after buying an additional 51,668 shares during the quarter. Geode Capital Management LLC owned about 0.71% of 5E Advanced Materials worth $264,000 at the end of the most recent quarter.
About 5E Advanced Materials
(
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5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.
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