Westwater Resources, Inc. (NASDAQ:WWR - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.60 and traded as high as $0.94. Westwater Resources shares last traded at $0.90, with a volume of 1,444,471 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on shares of Westwater Resources in a research note on Wednesday, January 1st. They issued a "sell" rating on the stock.
Get Our Latest Stock Analysis on Westwater Resources
Westwater Resources Trading Up 21.3 %
The firm has a 50-day simple moving average of $0.75 and a two-hundred day simple moving average of $0.61. The company has a market capitalization of $64.38 million, a price-to-earnings ratio of -7.92 and a beta of 1.56.
Insider Activity
In other Westwater Resources news, Director Terence James Cryan purchased 50,000 shares of the stock in a transaction dated Monday, December 23rd. The shares were bought at an average cost of $0.54 per share, with a total value of $27,000.00. Following the completion of the transaction, the director now owns 446,443 shares in the company, valued at $241,079.22. This trade represents a 12.61 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.40% of the stock is owned by insiders.
Hedge Funds Weigh In On Westwater Resources
A hedge fund recently bought a new stake in Westwater Resources stock. Virtu Financial LLC acquired a new position in Westwater Resources, Inc. (NASDAQ:WWR - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 65,905 shares of the basic materials company's stock, valued at approximately $34,000. Virtu Financial LLC owned about 0.11% of Westwater Resources at the end of the most recent quarter. 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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