5E Advanced Materials (NASDAQ:FEAM) Earns “Sell (E+)” Rating from Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM) in a report issued on Saturday morning,Weiss Ratings reports.

5E Advanced Materials Trading Down 8.1 %

NASDAQ:FEAM opened at $0.36 on Friday. The business’s 50-day simple moving average is $0.51 and its 200-day simple moving average is $0.61. 5E Advanced Materials has a fifty-two week low of $0.34 and a fifty-two week high of $2.48. The company has a debt-to-equity ratio of 35.91, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $25.01 million, a PE ratio of -0.32 and a beta of 1.57.

Institutional Investors Weigh In On 5E Advanced Materials

Large investors have recently made changes to their positions in the stock. Cubist Systematic Strategies LLC bought a new stake in 5E Advanced Materials in the 2nd quarter valued at $83,000. Geode Capital Management LLC raised its stake in shares of 5E Advanced Materials by 11.8% in the 3rd quarter. Geode Capital Management LLC now owns 487,922 shares of the company’s stock valued at $264,000 after purchasing an additional 51,668 shares during the period. Finally, AQR Capital Management LLC bought a new stake in shares of 5E Advanced Materials in the second quarter valued at about $27,000.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.