Cambridge Investment Research Advisors Inc. Acquires Shares of 152,770 Westwater Resources, Inc. (NASDAQ:WWR)

Cambridge Investment Research Advisors Inc. acquired a new stake in Westwater Resources, Inc. (NASDAQ:WWR) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 152,770 shares of the basic materials company’s stock, valued at approximately $84,000. Cambridge Investment Research Advisors Inc. owned about 0.21% of Westwater Resources as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Westwater Resources by 165.3% during the fourth quarter. Jane Street Group LLC now owns 56,249 shares of the basic materials company’s stock worth $40,000 after acquiring an additional 35,046 shares during the last quarter. Virtu Financial LLC raised its position in shares of Westwater Resources by 29.1% during the fourth quarter. Virtu Financial LLC now owns 85,116 shares of the basic materials company’s stock worth $60,000 after acquiring an additional 19,211 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Westwater Resources by 536.3% during the fourth quarter. Renaissance Technologies LLC now owns 99,201 shares of the basic materials company’s stock worth $70,000 after acquiring an additional 83,611 shares during the last quarter. Northern Trust Corp raised its position in shares of Westwater Resources by 34.7% during the fourth quarter. Northern Trust Corp now owns 127,960 shares of the basic materials company’s stock worth $91,000 after acquiring an additional 32,952 shares during the last quarter. Finally, Squarepoint Ops LLC raised its position in shares of Westwater Resources by 30.4% during the fourth quarter. Squarepoint Ops LLC now owns 177,965 shares of the basic materials company’s stock worth $126,000 after acquiring an additional 41,515 shares during the last quarter. Institutional investors own 7.72% of the company’s stock.

Westwater Resources Stock Up 3.5%

Shares of Westwater Resources stock opened at $0.61 on Tuesday. Westwater Resources, Inc. has a 12 month low of $0.45 and a 12 month high of $1.32. The business has a fifty day simple moving average of $0.54 and a 200 day simple moving average of $0.65. The stock has a market cap of $46.84 million, a PE ratio of -4.72 and a beta of 1.11.

Analysts Set New Price Targets

A number of research firms have recently weighed in on WWR. HC Wainwright dropped their target price on Westwater Resources from $2.50 to $2.00 and set a “buy” rating for the company in a research report on Thursday, June 12th. Wall Street Zen began coverage on Westwater Resources in a research report on Wednesday, May 21st. They set a “sell” rating for the company.

Westwater Resources Company Profile

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.