Weiss Ratings Reaffirms Sell (E+) Rating for 5E Advanced Materials (NASDAQ:FEAM)

5E Advanced Materials (NASDAQ:FEAM - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by equities research analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Separately, Maxim Group decreased their price objective on 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating for the company in a report on Wednesday.

5E Advanced Materials Stock Up 4.2 %

NASDAQ FEAM traded up $0.18 on Wednesday, hitting $4.48. 22,972 shares of the company were exchanged, compared to its average volume of 16,870. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 35.91. The company has a market cap of $13.42 million, a PE ratio of -0.18 and a beta of 1.57. The stock has a fifty day moving average of $10.67 and a 200-day moving average of $12.53. 5E Advanced Materials has a 12 month low of $3.60 and a 12 month high of $57.04.

5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported ($4.83) earnings per share (EPS) for the quarter. As a group, analysts forecast that 5E Advanced Materials will post -9.22 earnings per share for the current year.

Institutional Trading of 5E Advanced Materials

A hedge fund recently raised its stake in 5E Advanced Materials stock. Geode Capital Management LLC boosted its position in 5E Advanced Materials, Inc. (NASDAQ:FEAM - Free Report) by 11.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 487,922 shares of the company's stock after purchasing an additional 51,668 shares during the period. Geode Capital Management LLC owned about 0.71% of 5E Advanced Materials worth $264,000 as of its most recent SEC filing.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.