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Critical Metals (NASDAQ:CRML) Sees Unusually-High Trading Volume - Should You Buy?

Critical Metals logo with Basic Materials background

Critical Metals Corp. (NASDAQ:CRML - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 38,924 shares traded hands during trading, a decline of 56% from the previous session's volume of 89,045 shares.The stock last traded at $8.90 and had previously closed at $8.25.

Critical Metals Trading Up 0.4 %

The company's fifty day simple moving average is $6.77 and its two-hundred day simple moving average is $7.80.

Institutional Investors Weigh In On Critical Metals

Hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers bought a new position in Critical Metals in the 2nd quarter valued at about $69,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Critical Metals during the second quarter valued at about $101,000. Barclays PLC raised its position in Critical Metals by 322.8% in the third 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. JPMorgan Chase & Co. grew its stake in shares of Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company's stock worth $90,000 after purchasing an additional 6,341 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Critical Metals in the 2nd quarter worth approximately $185,000. 86.44% of the stock is currently owned by institutional investors.

Critical Metals Company Profile

(Get Free Report)

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.

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Should You Invest $1,000 in Critical Metals Right Now?

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While Critical Metals currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

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12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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