5E Advanced Materials’ (FEAM) Sell (E) Rating Reiterated at Weiss Ratings

5E Advanced Materials (NASDAQ:FEAM)‘s stock had its “sell (e)” rating restated by Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

Separately, Maxim Group cut their price target on 5E Advanced Materials from $23.00 to $12.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

5E Advanced Materials Price Performance

5E Advanced Materials stock opened at $4.33 on Friday. The stock has a market capitalization of $12.97 million, a price-to-earnings ratio of -0.17 and a beta of 1.67. 5E Advanced Materials has a 52-week low of $2.82 and a 52-week high of $45.89. The stock’s 50 day moving average price is $6.87 and its two-hundred day moving average price is $10.28. The company has a debt-to-equity ratio of 35.91, a quick ratio of 0.15 and a current ratio of 0.15.

5E Advanced Materials (NASDAQ:FEAM) last released its quarterly earnings results on Thursday, February 13th. The company reported ($4.83) EPS for the quarter. On average, equities analysts predict that 5E Advanced Materials will post -9.22 earnings per share for the current year.

Hedge Funds Weigh In On 5E Advanced Materials

A hedge fund recently raised its stake in 5E Advanced Materials stock. Geode Capital Management LLC boosted its stake in 5E Advanced Materials, Inc. (NASDAQ:FEAM) by 11.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 487,922 shares of the company’s stock after purchasing an additional 51,668 shares during the period. Geode Capital Management LLC owned about 0.71% of 5E Advanced Materials worth $264,000 at the end of the most recent reporting period.

About 5E Advanced Materials

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.