5E Advanced Materials Inc [NASDAQ: FEAM] slipped around -0.08 points on Wednesday, while shares priced at $0.61 at the close of the session, down -11.07%.
Compared to the average trading volume of 161.07K shares, FEAM reached a trading volume of 427822 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 5E Advanced Materials Inc [FEAM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FEAM shares is $2.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FEAM stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for 5E Advanced Materials Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 23, 2024. While these analysts kept the previous recommendation, Maxim Group raised their target price to Hold. The new note on the price target was released on May 24, 2023, representing the official price target for 5E Advanced Materials Inc stock. Previously, the target price had yet another raise to $20, while B. Riley Securities analysts kept a Buy rating on FEAM stock.
The Average True Range (ATR) for 5E Advanced Materials Inc is set at 0.12 The Price to Book ratio for the last quarter was 20.07, with the Price to Cash per share for the same quarter was set at 0.10.
How has FEAM stock performed recently?
5E Advanced Materials Inc [FEAM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.69. With this latest performance, FEAM shares gained by 42.52% in over the last four-week period, additionally sinking by -44.04% over the last 6 months – not to mention a drop of -56.74% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FEAM stock in for the last two-week period is set at 52.94, with the RSI for the last a single of trading hit 51.17, and the three-weeks RSI is set at 53.12 for 5E Advanced Materials Inc [FEAM]. The present Moving Average for the last 50 days of trading for this stock 0.4978, while it was recorded at 0.6614 for the last single week of trading, and 0.9017 for the last 200 days.
5E Advanced Materials Inc [FEAM]: Deeper insight into the fundamentals
5E Advanced Materials Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.08.
Insider trade positions for 5E Advanced Materials Inc [FEAM]
There are presently around $21.38%, or 26.57%% of FEAM stock, in the hands of institutional investors. The top three institutional holders of FEAM stocks are: VANGUARD GROUP INC with ownership of 0.97 million shares, which is approximately 1.6554%. BLACKROCK INC., holding 0.91 million shares of the stock with an approximate value of $$1.11 million in FEAM stocks shares; and BLACKROCK INC., currently with $$0.96 million in FEAM stock with ownership which is approximately 1.3614%.
