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

Critical Metals logo with Basic Materials background

Critical Metals Corp. (NASDAQ:CRML - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $6.23, but opened at $6.43. Critical Metals shares last traded at $6.57, with a volume of 381 shares traded.

Critical Metals Stock Performance

The firm's 50-day moving average price is $7.38 and its 200 day moving average price is $9.17.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new stake in Critical Metals in the second quarter valued at approximately $185,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Critical Metals in the 2nd quarter valued at approximately $101,000. Finally, Rhumbline Advisers acquired a new stake in shares of Critical Metals during the second quarter worth about $69,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

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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