Virtu Financial LLC Boosts Position in Westwater Resources, Inc. (NASDAQ:WWR)

Virtu Financial LLC grew its holdings in Westwater Resources, Inc. (NASDAQ:WWR) by 29.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 85,116 shares of the basic materials company’s stock after acquiring an additional 19,211 shares during the period. Virtu Financial LLC owned about 0.14% of Westwater Resources worth $60,000 at the end of the most recent quarter.

Separately, Geode Capital Management LLC raised its position in Westwater Resources by 9.3% during the third quarter. Geode Capital Management LLC now owns 520,958 shares of the basic materials company’s stock valued at $269,000 after acquiring an additional 44,267 shares in the last quarter. 7.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WWR has been the topic of a number of analyst reports. StockNews.com assumed coverage on shares of Westwater Resources in a research note on Wednesday, January 1st. They set a “sell” rating on the stock. HC Wainwright initiated coverage on shares of Westwater Resources in a report on Tuesday, March 11th. They issued a “buy” rating and a $2.50 price objective for the company.

Westwater Resources Trading Down 0.2 %

Shares of WWR stock opened at $0.55 on Tuesday. Westwater Resources, Inc. has a 12-month low of $0.40 and a 12-month high of $1.32. The business’s 50 day moving average is $0.78 and its two-hundred day moving average is $0.66. The company has a market capitalization of $39.34 million, a P/E ratio of -4.24 and a beta of 1.61.

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.