Westwater Resources (NASDAQ:WWR) Stock Price Crosses Above 200-Day Moving Average of $1.39

Westwater Resources, Inc. (NASDAQ:WWRGet Rating)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.39 and traded as high as $1.40. Westwater Resources shares last traded at $1.39, with a volume of 183,595 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Westwater Resources to a “sell” rating in a research note on Thursday, August 25th.

Westwater Resources Trading Up 0.7 %

The company has a market capitalization of $65.63 million, a price-to-earnings ratio of -3.97 and a beta of 1.41. The firm has a 50-day moving average price of $1.34 and a 200-day moving average price of $1.39.

Hedge Funds Weigh In On Westwater Resources

Several hedge funds have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in shares of Westwater Resources by 21.3% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 111,000 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 19,500 shares during the period. Renaissance Technologies LLC increased its position in shares of Westwater Resources by 20.5% during the 2nd quarter. Renaissance Technologies LLC now owns 682,382 shares of the basic materials company’s stock valued at $737,000 after purchasing an additional 116,082 shares during the period. Bank of America Corp DE grew its holdings in shares of Westwater Resources by 73,887.8% in the 1st quarter. Bank of America Corp DE now owns 30,335 shares of the basic materials company’s stock worth $60,000 after acquiring an additional 30,294 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Westwater Resources in the 1st quarter worth $128,000. Finally, Jane Street Group LLC grew its holdings in shares of Westwater Resources by 277.8% in the 1st quarter. Jane Street Group LLC now owns 14,190 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 10,434 shares during the last quarter. 11.43% of the stock is currently owned by institutional investors and hedge funds.

Westwater Resources Company Profile

(Get Rating)

Westwater Resources, Inc operates as an energy materials developer. The company holds interests in Coosa graphite project covering an area of approximately 41,965 acres situated in Coosa County, Alabama. The company was formerly known as Uranium Resources, Inc and changed its name to Westwater Resources, Inc in August 2017.

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