Critical Metals (NASDAQ:CRML) Stock Price Down 3.5% – Time to Sell?

Critical Metals Corp. (NASDAQ:CRML)’s stock price fell 3.5% on Wednesday . The company traded as low as $7.81 and last traded at $7.79. 7,132 shares were traded during trading, a decline of 94% from the average session volume of 119,141 shares. The stock had previously closed at $8.07.

Critical Metals Stock Performance

The company’s 50 day moving average is $7.15 and its two-hundred day moving average is $7.61.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC lifted its position in shares of Critical Metals by 322.8% in the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after buying an additional 7,996 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Critical Metals during the 2nd quarter valued at approximately $101,000. Finally, Geode Capital Management LLC grew its holdings in shares of Critical Metals by 4.6% in the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after purchasing an additional 4,583 shares in the last quarter. 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.