Critical Metals (NASDAQ:CRML) Shares Gap Down – Here’s Why

Critical Metals Corp. (NASDAQ:CRML)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $7.57, but opened at $7.19. Critical Metals shares last traded at $7.09, with a volume of 3,705 shares traded.

Critical Metals Trading Up 3.2 %

The stock has a 50-day moving average price of $6.65 and a two-hundred day moving average price of $8.59.

Institutional Investors Weigh In On Critical Metals

Several large investors have recently bought and sold shares of CRML. Barclays PLC lifted its position in Critical Metals by 322.8% during the third quarter. Barclays PLC now owns 10,473 shares of the company’s stock valued at $77,000 after purchasing an additional 7,996 shares during the last quarter. Geode Capital Management LLC increased its stake in Critical Metals by 4.6% during the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock worth $776,000 after acquiring an additional 4,583 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Critical Metals during the second quarter valued at approximately $101,000. Rhumbline Advisers purchased a new position in shares of Critical Metals in the 2nd quarter worth approximately $69,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Critical Metals during the 2nd quarter valued at approximately $185,000. Institutional investors 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.