Critical Metals (NASDAQ:CRML) Stock Price Up 8% – Still a Buy?

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

Critical Metals Stock Down 3.2 %

The business has a 50 day simple moving average of $7.15 and a 200-day simple moving average of $7.61.

Institutional Investors Weigh In On Critical Metals

Several large investors have recently made changes to their positions in CRML. Geode Capital Management LLC raised its position in Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after buying an additional 4,583 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Critical Metals by 111.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after acquiring an additional 6,341 shares in the last quarter. Barclays PLC raised its holdings 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 purchasing an additional 7,996 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals in the 2nd quarter valued at about $101,000. 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.