Critical Metals (NASDAQ:CRML) Trading 8% Higher – Here’s Why

Shares of Critical Metals Corp. (NASDAQ:CRML) traded up 8% during mid-day trading on Tuesday . The stock traded as high as $7.60 and last traded at $7.63. 36,951 shares changed hands during trading, a decline of 70% from the average session volume of 123,602 shares. The stock had previously closed at $7.06.

Critical Metals Trading Down 3.2 %

The business has a fifty day moving average price of $7.15 and a 200-day moving average price of $7.61.

Institutional Investors Weigh In On Critical Metals

A number of hedge funds and other institutional investors have recently modified their holdings of CRML. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Critical Metals in the second quarter valued at approximately $101,000. Barclays PLC increased its stake in 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 acquiring an additional 7,996 shares during the period. Geode Capital Management LLC increased its stake in Critical Metals by 4.6% during the 3rd 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 period. Finally, 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 in the last quarter. 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.