Critical Metals (NASDAQ:CRML) Shares Up 2.9% - Time to Buy?

Critical Metals Corp. (NASDAQ:CRML - Get Free Report)'s stock price was up 2.9% on Monday . The company traded as high as $6.99 and last traded at $6.76. Approximately 4,654 shares traded hands during trading, a decline of 84% from the average daily volume of 28,405 shares. The stock had previously closed at $6.57.

Critical Metals Trading Up 3.8 %

The firm's fifty day simple moving average is $6.64 and its 200-day simple moving average is $8.12.

Hedge Funds Weigh In On Critical Metals

A number of hedge funds have recently bought and sold shares of the company. Rhumbline Advisers bought a new stake in Critical Metals during the second quarter valued at $69,000. Barclays PLC grew its stake in Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company's stock worth $77,000 after purchasing an additional 7,996 shares during the period. JPMorgan Chase & Co. grew its stake in Critical Metals by 111.2% during the third 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 period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Critical Metals in the second quarter worth approximately $101,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Critical Metals during the 2nd quarter worth approximately $185,000. Institutional investors 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.