5E Advanced Materials (NASDAQ:FEAM) Upgraded to “Sell” at Wall Street Zen

Wall Street Zen upgraded shares of 5E Advanced Materials (NASDAQ:FEAM) from a strong sell rating to a sell rating in a research note released on Saturday,Wall Street Zen reports.

FEAM has been the topic of several other reports. Weiss Ratings restated a “sell (e+)” rating on shares of 5E Advanced Materials in a report on Friday, July 17th. HC Wainwright reaffirmed a “buy” rating and set a $3.50 target price (down from $5.50) on shares of 5E Advanced Materials in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $5.25.

5E Advanced Materials Trading Down 1.3%

Shares of NASDAQ:FEAM opened at $1.56 on Friday. 5E Advanced Materials has a 1-year low of $0.90 and a 1-year high of $7.50. The stock has a market capitalization of $64.76 million, a P/E ratio of -1.16 and a beta of 1.97. The business has a 50-day moving average price of $1.42 and a two-hundred day moving average price of $1.61.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FEAM. AWM Investment Company Inc. bought a new stake in shares of 5E Advanced Materials in the second quarter worth about $4,346,000. Bluescape Energy Partners LLC lifted its holdings in shares of 5E Advanced Materials by 7.0% during the 4th quarter. Bluescape Energy Partners LLC now owns 8,130,997 shares of the company’s stock valued at $24,800,000 after purchasing an additional 533,648 shares in the last quarter. Aristides Capital LLC bought a new position in shares of 5E Advanced Materials during the 1st quarter valued at about $765,000. &PARTNERS acquired a new position in shares of 5E Advanced Materials in the 4th quarter valued at approximately $191,000. Finally, Geode Capital Management LLC grew its position in shares of 5E Advanced Materials by 112.9% in the 4th quarter. Geode Capital Management LLC now owns 77,780 shares of the company’s stock valued at $237,000 after purchasing an additional 41,238 shares during the period.

About 5E Advanced Materials

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.