Westwater Resources (NASDAQ:WWR) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Westwater Resources, Inc. (NASDAQ:WWR)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.51 and traded as high as $0.60. Westwater Resources shares last traded at $0.57, with a volume of 349,068 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Westwater Resources in a report on Tuesday. They issued a “sell” rating on the stock.

Westwater Resources Trading Down 7.9 %

The stock has a market cap of $33.49 million, a PE ratio of -3.79 and a beta of 1.58. The firm has a fifty day simple moving average of $0.54 and a two-hundred day simple moving average of $0.51.

Westwater Resources (NASDAQ:WWR) last announced its earnings results 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.