Critical Metals (NASDAQ:CRML) Shares Gap Up – What’s Next?

Critical Metals Corp. (NASDAQ:CRML) gapped up before the market opened on Thursday . The stock had previously closed at $6.80, but opened at $7.18. Critical Metals shares last traded at $7.00, with a volume of 2,690 shares.

Critical Metals Price Performance

The business’s 50-day moving average price is $6.65 and its two-hundred day moving average price is $8.21.

Institutional Investors Weigh In On Critical Metals

Several hedge funds have recently made changes to their positions in CRML. Rhumbline Advisers acquired a new position in shares of Critical Metals during the 2nd quarter valued at about $69,000. Barclays PLC increased its position in Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after purchasing an additional 7,996 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Critical Metals by 111.2% during the third quarter. JPMorgan Chase & Co. now owns 12,044 shares of the company’s stock worth $90,000 after purchasing an additional 6,341 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Critical Metals in the 2nd quarter valued at $101,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Critical Metals during the 2nd quarter valued at $185,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

About Critical Metals

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.