Westwater Resources (NASDAQ:WWR) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Westwater Resources (NASDAQ:WWR) in a research note issued to investors on Thursday morning. The brokerage issued a sell rating on the basic materials company’s stock.

Westwater Resources Trading Up 1.0 %

NASDAQ:WWR opened at $0.55 on Thursday. The company has a 50-day moving average price of $0.55 and a 200-day moving average price of $0.52. Westwater Resources has a 12 month low of $0.40 and a 12 month high of $0.78. The stock has a market cap of $34.09 million, a price-to-earnings ratio of -4.20 and a beta of 1.58.

Institutional Investors Weigh In On Westwater Resources

An institutional investor recently bought a new position in Westwater Resources stock. Virtu Financial LLC purchased a new stake in shares of Westwater Resources, Inc. (NASDAQ:WWR) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 65,905 shares of the basic materials company’s stock, valued at approximately $34,000. Virtu Financial LLC owned 0.11% of Westwater Resources at the end of the most recent reporting period. Hedge funds and other institutional investors own 7.72% of the company’s stock.

Westwater Resources Company Profile

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.