Critical Metals (NASDAQ:CRML) Trading 18.4% Higher – Time to Buy?

Critical Metals Corp. (NASDAQ:CRML) rose 18.4% on Monday . The company traded as high as $9.89 and last traded at $9.20. Approximately 66,380 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 59,716 shares. The stock had previously closed at $7.77.

Critical Metals Stock Up 0.4 %

The company has a fifty day moving average of $6.80 and a 200-day moving average of $7.78.

Institutional Trading of Critical Metals

Several hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in Critical Metals during the 2nd quarter worth approximately $185,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals during the second quarter worth $101,000. Barclays PLC raised its stake in shares of Critical Metals by 322.8% in the third 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. boosted its holdings in Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after purchasing an additional 6,341 shares during the period. Finally, Rhumbline Advisers acquired a new position in Critical Metals during the 2nd quarter worth $69,000. 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.