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

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

5E Advanced Materials Price Performance

Shares of NASDAQ:FEAM opened at $0.47 on Friday. The company has a 50-day moving average price of $0.51 and a two-hundred day moving average price of $0.65. 5E Advanced Materials has a twelve month low of $0.38 and a twelve month high of $2.48. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 35.91. The firm has a market capitalization of $32.59 million, a PE ratio of -0.42 and a beta of 1.64.

Hedge Funds Weigh In On 5E Advanced Materials

Several hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in shares of 5E Advanced Materials by 11.8% in the third quarter. Geode Capital Management LLC now owns 487,922 shares of the company’s stock valued at $264,000 after acquiring an additional 51,668 shares during the period. Cubist Systematic Strategies LLC bought a new position in 5E Advanced Materials in the 2nd quarter valued at $83,000. Point72 Asia Singapore Pte. Ltd. bought a new position in 5E Advanced Materials in the 2nd quarter valued at $61,000. Finally, AQR Capital Management LLC purchased a new position in shares of 5E Advanced Materials during the 2nd quarter valued at $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.