Stardust Power (NASDAQ:SDST - Get Free Report) was upgraded by analysts at Roth Capital to a "strong-buy" rating in a research note issued to investors on Wednesday,Zacks.com reports.
SDST has been the subject of several other reports. B. Riley assumed coverage on shares of Stardust Power in a research report on Tuesday, October 29th. They set a "buy" rating and a $12.00 price objective for the company. Roth Mkm assumed coverage on shares of Stardust Power in a report on Thursday. They set a "buy" rating and a $13.00 target price on the stock.
Read Our Latest Stock Analysis on Stardust Power
Stardust Power Stock Performance
NASDAQ:SDST traded down $0.07 during mid-day trading on Wednesday, hitting $6.97. The stock had a trading volume of 7,920 shares, compared to its average volume of 88,237. Stardust Power has a twelve month low of $6.58 and a twelve month high of $28.38. The stock has a 50 day simple moving average of $8.45.
Institutional Trading of Stardust Power
An institutional investor recently bought a new position in Stardust Power stock. Geode Capital Management LLC purchased a new position in shares of Stardust Power Inc. (NASDAQ:SDST - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 108,459 shares of the company's stock, valued at approximately $883,000. Geode Capital Management LLC owned 0.23% of Stardust Power as of its most recent filing with the Securities and Exchange Commission (SEC). 32.79% of the stock is owned by hedge funds and other institutional investors.
About Stardust Power
(
Get Free Report)
Stardust Power Inc is a vertically-integrated lithium refinery that engages in producing battery-grade lithium. The company was founded in 2022 and is based in Greenwich, Connecticut.
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