Westwater Resources (NASDAQ:WWR) Shares Pass Above 200-Day Moving Average of $0.49

Westwater Resources, Inc. (NASDAQ:WWR)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.49 and traded as high as $0.53. Westwater Resources shares last traded at $0.52, with a volume of 216,969 shares.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Westwater Resources in a research note on Wednesday. They set a “sell” rating for the company.

Westwater Resources Stock Up 2.4 %

The company has a market capitalization of $30.04 million, a P/E ratio of -3.46 and a beta of 1.61. The firm has a fifty day simple moving average of $0.51 and a 200-day simple moving average of $0.49.

Westwater Resources (NASDAQ:WWR) last issued its quarterly earnings data on Wednesday, August 14th. The basic materials company reported ($0.07) earnings per share (EPS) for the quarter.

About Westwater Resources

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.