Weiss Ratings reissued their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM - Free Report) in a report published on Tuesday morning,Weiss Ratings reports.
Separately, Maxim Group lowered their target price on shares of 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating on the stock in a report on Wednesday, February 19th.
Get Our Latest Stock Analysis on FEAM
5E Advanced Materials Stock Performance
Shares of NASDAQ FEAM traded down $0.02 during mid-day trading on Tuesday, reaching $4.18. 13,651 shares of the company were exchanged, compared to its average volume of 13,367. 5E Advanced Materials has a twelve month low of $2.82 and a twelve month high of $45.89. The stock has a market capitalization of $75.22 million, a P/E ratio of -0.17 and a beta of 1.66. The company's 50-day simple moving average is $4.58 and its 200-day simple moving average is $9.36. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 35.91.
5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($4.83) earnings per share for the quarter. As a group, research analysts predict that 5E Advanced Materials will post -9.22 earnings per share for the current year.
Institutional Investors Weigh In On 5E Advanced Materials
An institutional investor recently raised its position in 5E Advanced Materials stock. Geode Capital Management LLC boosted its position in 5E Advanced Materials, Inc. (NASDAQ:FEAM - Free Report) by 11.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 487,922 shares of the company's stock after acquiring an additional 51,668 shares during the quarter. Geode Capital Management LLC owned 0.71% of 5E Advanced Materials worth $264,000 at the end of the most recent reporting period.
5E Advanced Materials Company Profile
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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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