Critical Metals (NASDAQ:CRML) Stock Price Down 5.1% – Should You Sell?

Critical Metals Corp. (NASDAQ:CRML)’s share price traded down 5.1% on Thursday . The stock traded as low as $7.19 and last traded at $7.18. 87,981 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 132,005 shares. The stock had previously closed at $7.56.

Critical Metals Stock Down 3.3 %

The business has a fifty day moving average of $7.00 and a two-hundred day moving average of $7.70.

Institutional Investors Weigh In On Critical Metals

Several institutional investors have recently bought and sold shares of the company. Rhumbline Advisers purchased a new stake in shares of Critical Metals during the second quarter worth $69,000. Barclays PLC grew its stake in Critical Metals by 322.8% during 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 in the last quarter. JPMorgan Chase & Co. raised its holdings in Critical Metals by 111.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after acquiring an additional 6,341 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Critical Metals in the 2nd quarter valued at about $101,000. Finally, Bank of New York Mellon Corp purchased a new position in Critical Metals in the 2nd quarter worth approximately $185,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Critical Metals Company Profile

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.