Critical Metals (NASDAQ:CRML) Stock Price Down 6.2% – Here’s Why

Critical Metals Corp. (NASDAQ:CRML) was down 6.2% on Wednesday . The stock traded as low as $7.02 and last traded at $7.20. Approximately 8,304 shares were traded during trading, a decline of 71% from the average daily volume of 28,339 shares. The stock had previously closed at $7.68.

Critical Metals Stock Performance

The company has a 50-day moving average of $6.68 and a two-hundred day moving average of $8.50.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CRML. Bank of New York Mellon Corp purchased a new position in Critical Metals during the second quarter valued at $185,000. Rhumbline Advisers purchased a new stake in shares of Critical Metals during the 2nd quarter valued at about $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Critical Metals during the 2nd quarter valued at about $101,000. Barclays PLC boosted its holdings in shares of 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 during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of 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 acquiring an additional 4,583 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

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.