In today’s recent session, 0.42 million shares of the 5E Advanced Materials Inc (NASDAQ:FEAM) have been traded, and its beta is 1.39. Most recently the company’s share price was $0.73, and it changed around -$0.27 or -27.00% from the last close, which brings the market valuation of the company to $50.29M. FEAM at last check was trading at a discount to its 52-week high of $2.48, offering almost -239.73% off that amount. The share price’s 52-week low was $0.38, which indicates that the recent value has risen by an impressive 47.95% since then. We note from 5E Advanced Materials Inc’s average daily trading volume that its 10-day average is 0.38 million shares, with the 3-month average coming to 144.39K.
5E Advanced Materials Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended FEAM as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. 5E Advanced Materials Inc is expected to report earnings per share of 0 for the current quarter.
5E Advanced Materials Inc (NASDAQ:FEAM) trade information
Instantly FEAM has been showing red trend so far today with a performance of -27.00% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.0800 on recent trading dayincreased the stock’s daily price by 32.41%. The company’s shares are currently down -48.23% year-to-date, but still up 65.46% over the last five days. On the other hand, 5E Advanced Materials Inc (NASDAQ:FEAM) is 61.50% up in the 30-day period. We can see from the shorts that 1.0 million shares have been sold at a short interest cover period of 6.86 day(s).
The consensus price target as assigned by Wall Street analysts is $1.25, which translates to bulls needing to increase their stock price by 41.6% from its current value. Analyst projections state that FEAM is forecast to be at a low of $1.25 and a high of $1.25.
5E Advanced Materials Inc (FEAM) estimates and forecasts
5E Advanced Materials Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -40.65 percent over the past six months and at a 48.72% annual growth rate that is well above the industry average of 10.30%.
1 analysts expect 5E Advanced Materials Inc to make 2.3M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
5E Advanced Materials Inc (NASDAQ:FEAM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 19.53% of 5E Advanced Materials Inc shares, and 21.38% of them are in the hands of institutional investors. The stock currently has a share float of 26.57%. 5E Advanced Materials Inc stock is held by 48.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 1.6554% of the shares, which is about 0.97 million shares worth $1.17 million.
BLACKROCK INC., with 1.5622% or 0.91 million shares worth $1.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
