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

Critical Metals Corp. (NASDAQ:CRML - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $6.46, but opened at $6.86. Critical Metals shares last traded at $6.86, with a volume of 382 shares changing hands.

Critical Metals Stock Up 3.6 %

The firm has a fifty day simple moving average of $6.68 and a 200 day simple moving average of $8.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CRML. Geode Capital Management LLC increased its stake 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 acquiring an additional 4,583 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Critical Metals in the 2nd quarter valued at approximately $185,000. Barclays PLC lifted 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 buying an additional 7,996 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals during the 2nd quarter worth approximately $101,000. Finally, Rhumbline Advisers acquired a new stake in Critical Metals in the 2nd quarter valued at $69,000. 86.44% of the stock is owned by institutional investors.

Critical Metals Company Profile

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.