Westwater Resources, Inc. (NASDAQ:WWR - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.63 and traded as high as $0.91. Westwater Resources shares last traded at $0.85, with a volume of 1,063,823 shares.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of Westwater Resources in a research report on Wednesday, January 1st. They set a "sell" rating for the company.
Get Our Latest Stock Analysis on WWR
Westwater Resources Stock Performance
The firm has a 50-day moving average price of $0.79 and a two-hundred day moving average price of $0.63. The firm has a market cap of $54.63 million, a price-to-earnings ratio of -6.74 and a beta of 1.56.
Insider Transactions at Westwater Resources
In other news, Director Terence James Cryan bought 50,000 shares of Westwater Resources stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of $0.54 per share, with a total value of $27,000.00. Following the acquisition, the director now owns 446,443 shares of the company's stock, valued at approximately $241,079.22. This trade represents a 12.61 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.40% of the company's stock.
Institutional Investors Weigh In On Westwater Resources
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of Westwater Resources in the 3rd quarter valued at $34,000. Jane Street Group LLC increased its stake in Westwater Resources by 165.3% in the fourth quarter. Jane Street Group LLC now owns 56,249 shares of the basic materials company's stock valued at $40,000 after purchasing an additional 35,046 shares during the period. Renaissance Technologies LLC increased its stake in Westwater Resources by 536.3% in the fourth quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company's stock valued at $70,000 after purchasing an additional 83,611 shares during the period. Northern Trust Corp raised its stake in Westwater Resources by 34.7% during the 4th quarter. Northern Trust Corp now owns 127,960 shares of the basic materials company's stock valued at $91,000 after acquiring an additional 32,952 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its position in Westwater Resources by 30.4% during the 4th quarter. Squarepoint Ops LLC now owns 177,965 shares of the basic materials company's stock worth $126,000 after acquiring an additional 41,515 shares during the period. Hedge funds and other institutional investors own 7.72% of the company's stock.
Westwater Resources Company Profile
(
Get Free Report)
Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.
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