Critical Metals (NASDAQ:CRML) Shares Gap Up – Still a Buy?

Critical Metals Corp. (NASDAQ:CRML) shares gapped up prior to trading on Thursday . The stock had previously closed at $7.85, but opened at $8.41. Critical Metals shares last traded at $8.04, with a volume of 18,660 shares.

Critical Metals Trading Up 1.7 %

The firm has a 50-day moving average price of $6.82 and a 200 day moving average price of $7.78.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CRML. Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals in the 2nd quarter valued at $185,000. Rhumbline Advisers purchased a new stake in Critical Metals during the second quarter valued at about $69,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals during the second quarter valued at about $101,000. Barclays PLC lifted its stake in shares of Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after acquiring an additional 7,996 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Critical Metals by 4.6% during the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after buying an additional 4,583 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

About Critical Metals

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.