Critical Metals (NASDAQ:CRML) Stock Price Down 3.7% – Should You Sell?

Critical Metals Corp. (NASDAQ:CRML)’s share price dropped 3.7% on Thursday . The stock traded as low as $6.22 and last traded at $6.22. Approximately 2,313 shares changed hands during trading, a decline of 92% from the average daily volume of 28,150 shares. The stock had previously closed at $6.46.

Critical Metals Price Performance

The stock has a fifty day moving average price of $6.67 and a two-hundred day moving average price of $8.36.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of Critical Metals by 322.8% during the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the last quarter. Geode Capital Management LLC boosted its position in Critical Metals by 4.6% during the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after acquiring an additional 4,583 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Critical Metals during the second quarter worth approximately $101,000. Rhumbline Advisers purchased a new stake in Critical Metals in the 2nd quarter worth approximately $69,000. Finally, Bank of New York Mellon Corp acquired a new position in Critical Metals in the 2nd quarter valued at $185,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

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.