Westwater Resources, Inc. (NASDAQ:WWR) Shares Bought by Virtu Financial LLC

Virtu Financial LLC lifted its holdings in Westwater Resources, Inc. (NASDAQ:WWR) by 29.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 85,116 shares of the basic materials company’s stock after purchasing an additional 19,211 shares during the period. Virtu Financial LLC’s holdings in Westwater Resources were worth $60,000 at the end of the most recent reporting period.

Separately, Geode Capital Management LLC lifted its position in Westwater Resources by 9.3% during the third quarter. Geode Capital Management LLC now owns 520,958 shares of the basic materials company’s stock worth $269,000 after buying an additional 44,267 shares in the last quarter. 7.72% of the stock is owned by hedge funds and other institutional investors.

Westwater Resources Stock Performance

Shares of Westwater Resources stock opened at $0.55 on Tuesday. The stock has a 50 day moving average of $0.78 and a 200 day moving average of $0.66. The firm has a market capitalization of $39.34 million, a price-to-earnings ratio of -4.24 and a beta of 1.61. Westwater Resources, Inc. has a fifty-two week low of $0.40 and a fifty-two week high of $1.32.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WWR. HC Wainwright initiated coverage on Westwater Resources in a research note on Tuesday, March 11th. They issued a “buy” rating and a $2.50 target price for the company. StockNews.com started coverage on shares of Westwater Resources in a research report on Wednesday, January 1st. They set a “sell” rating for the company.

About Westwater Resources

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.