Critical Metals (NASDAQ:CRML) Shares Down 3.7% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML)’s stock price was down 3.7% during mid-day trading on Thursday . The company traded as low as $6.22 and last traded at $6.22. Approximately 2,313 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 28,150 shares. The stock had previously closed at $6.46.

Critical Metals Stock Down 4.2 %

The firm has a fifty day simple moving average of $6.67 and a 200 day simple moving average of $8.36.

Hedge Funds Weigh In On Critical Metals

A number of large investors have recently bought and sold shares of the stock. Rhumbline Advisers acquired a new stake in shares of Critical Metals during the 2nd quarter worth $69,000. Barclays PLC grew its position in Critical Metals by 322.8% during the third 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 period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Critical Metals during the second quarter worth about $101,000. Bank of New York Mellon Corp acquired a new stake in Critical Metals during the second quarter worth about $185,000. Finally, Geode Capital Management LLC raised its holdings in shares of Critical Metals by 4.6% in the 3rd quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after purchasing an additional 4,583 shares during the period. Hedge funds and other institutional investors 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.