5E Advanced Materials (NASDAQ:FEAM) Receives Sell (E+) Rating from Weiss Ratings

5E Advanced Materials (NASDAQ:FEAM)‘s stock had its “sell (e+)” rating reaffirmed by equities research analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

5E Advanced Materials Stock Performance

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

Institutional Investors Weigh In On 5E Advanced Materials

Several large investors have recently bought and sold shares of FEAM. Cubist Systematic Strategies LLC purchased a new stake in shares of 5E Advanced Materials during the second quarter worth approximately $83,000. AQR Capital Management LLC acquired a new stake in 5E Advanced Materials during the 2nd quarter worth $27,000. Finally, Geode Capital Management LLC grew its holdings in shares of 5E Advanced Materials by 11.8% during the third quarter. Geode Capital Management LLC now owns 487,922 shares of the company’s stock worth $264,000 after buying an additional 51,668 shares in the last quarter.

About 5E Advanced Materials

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.