Critical Metals (NASDAQ:CRML) Shares Gap Up – Time to Buy?

Critical Metals Corp. (NASDAQ:CRML)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $6.55, but opened at $6.99. Critical Metals shares last traded at $6.87, with a volume of 1,151 shares traded.

Critical Metals Stock Performance

The business’s 50-day moving average is $6.66 and its two-hundred day moving average is $8.07.

Institutional Investors Weigh In On Critical Metals

Large investors have recently made changes to their positions in the stock. Rhumbline Advisers acquired a new position in Critical Metals during the second quarter worth $69,000. Barclays PLC boosted its position in shares of Critical Metals by 322.8% during the 3rd 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 last quarter. JPMorgan Chase & Co. grew its holdings in shares of Critical Metals by 111.2% in the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock valued at $90,000 after purchasing an additional 6,341 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Critical Metals during the 2nd quarter worth approximately $101,000. Finally, Bank of New York Mellon Corp acquired a new stake in Critical Metals during the second quarter worth $185,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

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.