5E Advanced Materials (NASDAQ:FEAM) Receives “Sell (E+)” Rating from Weiss Ratings

5E Advanced Materials (NASDAQ:FEAM)‘s stock had its “sell (e+)” rating reissued by research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Maxim Group cut their target price on 5E Advanced Materials from $23.00 to $12.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

5E Advanced Materials Stock Down 3.0%

FEAM stock opened at $4.27 on Wednesday. The company has a debt-to-equity ratio of 35.91, a quick ratio of 0.15 and a current ratio of 0.15. The company has a market capitalization of $85.48 million, a price-to-earnings ratio of -0.17 and a beta of 1.60. 5E Advanced Materials has a fifty-two week low of $2.82 and a fifty-two week high of $37.03. The stock has a fifty day moving average of $4.36 and a 200-day moving average of $7.03.

5E Advanced Materials (NASDAQ:FEAM) last issued its earnings results on Thursday, May 15th. The company reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.31) by ($0.37). As a group, equities research analysts predict that 5E Advanced Materials will post -9.22 earnings per share for the current year.

About 5E Advanced Materials

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.