5E Advanced Materials Inc. (NASDAQ:FEAM)’s traded shares stood at 1.1 million during the last session. At the close of trading, the stock’s price was $6.16, to imply a decrease of -4.20% or -$0.27 in intraday trading. The FEAM share’s 52-week high remains $34.88, putting it -466.23% down since that peak but still an impressive 5.52% since price per share fell to its 52-week low of $5.82. The company has a valuation of $482.39M, with an average of 0.21 million shares in intraday trading volume over the past 10 days and average of 170.08K shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for 5E Advanced Materials Inc. (FEAM), translating to a mean rating of 1.70. Of 3 analyst(s) looking at the stock, 0 analyst(s) give FEAM a Sell rating. 1 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.24.
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5E Advanced Materials Inc. (NASDAQ:FEAM) trade information
After registering a -4.20% downside in the last session, 5E Advanced Materials Inc. (FEAM) has traded red over the past five days. The stock hit a weekly high of 7.41 this Friday, 03/17/23, dropping -4.20% in its intraday price action. The 5-day price performance for the stock is -8.47%, and -24.88% over 30 days. With these gigs, the year-to-date price performance is -21.83%. Short interest in 5E Advanced Materials Inc. (NASDAQ:FEAM) saw shorts transact 2.38 million shares and set a 19.25 days time to cover.
Analysts on Wall Street suggest a consensus price target of $22.00, implying an increase of 72.0% to the stock’s current value. The extremes give us $20.00 and $25.00 for target low and target high price respectively. As such, FEAM has been trading -305.84% off suggested target high and -224.68% from its likely low.
5E Advanced Materials Inc. (FEAM) estimates and forecasts
Looking at statistics comparing 5E Advanced Materials Inc. share performance against respective industry, we note that the company has outperformed competitors. 5E Advanced Materials Inc. (FEAM) shares are -59.97% down over the last 6 months, with its year-to-date growth rate higher than industry average at 68.71% against 5.00%.
Revenue forecast for the current quarter as set by 2 analysts is $150k. Meanwhile, for the quarter ending Jun 2023, a total of 2 analyst(s) estimate revenue growth to $450k.
5E Advanced Materials Inc. has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. 5E Advanced Materials Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
5E Advanced Materials Inc. (NASDAQ:FEAM)’s Major holders
5E Advanced Materials Inc. insiders hold 19.86% of total outstanding shares, with institutional holders owning 30.44% of the shares at 37.98% float percentage. In total, 30.44% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 1.94 million shares (or 4.41% of shares), all amounting to roughly $19.67 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 1.57 million shares, or about 3.58% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $15.99 million.
We also have Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the 5E Advanced Materials Inc. (FEAM) shares. Going by data provided on Dec 30, 2022, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF holds roughly 1.38 million shares. This is just over 3.15% of the total shares, with a market valuation of $10.9 million. Data from the same date shows that the other fund manager holds a little less at 0.97 million, or 2.21% of the shares, all valued at about 9.84 million.