5E Advanced Materials Inc (NASDAQ:FEAM) shares, rose in value on Friday, January 03, with the stock price up by 9.02% to the previous day’s close as strong demand from buyers drove the stock to $0.69.
Actively observing the price movement in the last trading, the stock closed the session at $0.63, falling within a range of $0.64 and $0.77. The value of beta (5-year monthly) was 1.938. Referring to stock’s 52-week performance, its high was $2.48, and the low was $0.38. On the whole, FEAM has fluctuated by 53.11% over the past month.
With the market capitalization of 5E Advanced Materials Inc currently standing at about $47.47 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FEAM’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of FEAM currently trading nearly 33.97% and 40.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.35, while the 7-day volatility ratio is showing 43.77% which for the 30-day chart, stands at 23.15%. Furthermore, 5E Advanced Materials Inc (FEAM)’s beta value is 1.64, and its average true range (ATR) is 0.13.
A comparison of 5E Advanced Materials Inc (FEAM) with its peers suggests the former has fared considerably weaker in the market. FEAM showed an intraday change of 9.02% in last session, and over the past year, it shrunk by -50.79%%.
Data on historical trading for 5E Advanced Materials Inc (NASDAQ:FEAM) indicates that the trading volumes over the past 10 days have averaged 0.49 and over the past 3 months, they’ve averaged 145.97K. According to company’s latest data on outstanding shares, there are 68.88 million shares outstanding.
Nearly 26.93% of 5E Advanced Materials Inc’s shares belong to company insiders and institutional investors own 13.53% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.0 million shares as on 2024-10-31, resulting in a short ratio of 6.86. According to the data, the short interest in 5E Advanced Materials Inc (FEAM) stood at 249.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.43 million. The stock has risen by 7.66% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FEAM stock heading into the next quarter.
