Weiss Ratings reaffirmed their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM - Free Report) in a report published on Thursday morning,Weiss Ratings reports.
Separately, Maxim Group lowered their price target on 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating on the stock in a research report on Wednesday, February 19th.
Get Our Latest Analysis on FEAM
5E Advanced Materials Stock Performance
5E Advanced Materials stock traded down $0.25 during mid-day trading on Thursday, hitting $4.44. 3,751 shares of the company's stock traded hands, compared to its average volume of 13,678. The company has a market cap of $79.90 million, a PE ratio of -0.18 and a beta of 1.66. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 35.91. 5E Advanced Materials has a one year low of $2.82 and a one year high of $45.89. The firm has a 50 day moving average price of $4.11 and a 200 day moving average price of $8.54.
5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported ($4.83) EPS for the quarter. On average, equities analysts forecast that 5E Advanced Materials will post -9.22 EPS for the current year.
Institutional Investors Weigh In On 5E Advanced Materials
An institutional investor recently raised its position in 5E Advanced Materials stock. Geode Capital Management LLC raised its holdings in 5E Advanced Materials, Inc. (NASDAQ:FEAM - Free Report) by 11.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 487,922 shares of the company's stock after purchasing an additional 51,668 shares during the quarter. Geode Capital Management LLC owned approximately 0.71% of 5E Advanced Materials worth $264,000 as of its most recent SEC filing.
5E Advanced Materials Company Profile
(
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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.
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