Critical Metals (NASDAQ:CRML) Reaches New 52-Week Low – Should You Sell?

Critical Metals Corp. (NASDAQ:CRML)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $5.40 and last traded at $6.28, with a volume of 406165 shares. The stock had previously closed at $8.72.

Critical Metals Price Performance

The business has a 50 day simple moving average of $7.27 and a 200 day simple moving average of $7.52.

Institutional Investors Weigh In On Critical Metals

A number of hedge funds have recently added to or reduced their stakes in CRML. Geode Capital Management LLC raised its stake 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 worth $776,000 after acquiring an additional 4,583 shares during the last quarter. JPMorgan Chase & Co. increased 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 in the last quarter. Finally, Barclays PLC raised its position in Critical Metals by 322.8% in the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the last quarter. 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.