5E Advanced Materials (NASDAQ:FEAM) Stock Rating Upgraded by Wall Street Zen

5E Advanced Materials (NASDAQ:FEAM) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other equities analysts have also recently issued reports on FEAM. Weiss Ratings restated a “sell (e+)” rating on shares of 5E Advanced Materials in a research report on Friday, July 17th. HC Wainwright reiterated a “buy” rating and set a $3.50 target price (down from $5.50) on shares of 5E Advanced Materials in a report on Tuesday, August 4th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $5.25.

5E Advanced Materials Price Performance

Shares of NASDAQ FEAM opened at $1.56 on Friday. The firm’s fifty day moving average is $1.42 and its 200 day moving average is $1.60. 5E Advanced Materials has a 52 week low of $0.90 and a 52 week high of $7.50. The company has a market cap of $64.76 million, a price-to-earnings ratio of -1.16 and a beta of 1.97.

Hedge Funds Weigh In On 5E Advanced Materials

Several institutional investors and hedge funds have recently added to or reduced their stakes in FEAM. State Street Corp purchased a new stake in shares of 5E Advanced Materials in the 4th quarter worth about $37,000. Goldman Sachs Group Inc. purchased a new position in 5E Advanced Materials during the 4th quarter valued at about $69,000. LeClair Wealth Partners LLC lifted its position in 5E Advanced Materials by 20.0% during the 4th quarter. LeClair Wealth Partners LLC now owns 30,000 shares of the company’s stock valued at $92,000 after acquiring an additional 4,990 shares during the period. Jane Street Group LLC bought a new stake in 5E Advanced Materials during the fourth quarter worth about $111,000. Finally, XTX Topco Ltd bought a new stake in 5E Advanced Materials during the fourth quarter worth about $124,000.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.