Jane Street Group LLC Sells 71,126 Shares of 5E Advanced Materials, Inc. (NASDAQ:FEAM)

Jane Street Group LLC lowered its holdings in shares of 5E Advanced Materials, Inc. (NASDAQ:FEAM) by 46.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,324 shares of the company’s stock after selling 71,126 shares during the quarter. Jane Street Group LLC owned 0.12% of 5E Advanced Materials worth $43,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Cubist Systematic Strategies LLC bought a new position in 5E Advanced Materials during the second quarter valued at $83,000. Point72 Asia Singapore Pte. Ltd. bought a new position in 5E Advanced Materials during the second quarter valued at $61,000. Finally, AQR Capital Management LLC bought a new position in 5E Advanced Materials during the second quarter valued at $27,000.

5E Advanced Materials Price Performance

FEAM stock opened at $0.54 on Thursday. The company has a fifty day simple moving average of $0.51 and a two-hundred day simple moving average of $0.67. The firm has a market capitalization of $37.27 million, a P/E ratio of -0.48 and a beta of 1.64. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 35.91. 5E Advanced Materials, Inc. has a 52 week low of $0.38 and a 52 week high of $2.48.

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.