AMG Critical Materials (OTCMKTS:AMVMF) Shares Up 1.4% – Here’s Why

AMG Critical Materials (OTCMKTS:AMVMF)’s share price shot up 1.4% during mid-day trading on Tuesday . The stock traded as high as $33.47 and last traded at $33.47. 150 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,135 shares. The stock had previously closed at $33.00.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMVMF. Deutsche Bank Aktiengesellschaft began coverage on AMG Critical Materials in a research note on Thursday, June 26th. They issued a “buy” rating for the company. Citigroup reissued a “buy” rating on shares of AMG Critical Materials in a research note on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

AMG Critical Materials Stock Performance

The stock has a 50 day moving average price of $29.04 and a two-hundred day moving average price of $22.50.

AMG Critical Materials Company Profile

AMG Critical Materials N.V. develops, produces, and sells energy storage materials. The company operates through three segments: AMG Clean Energy Materials, AMG Critical Minerals, and AMG Critical Materials Technologies. It offers engineered specialty metal products and vacuum furnaces for specialized alloying applications; and heat treatment services to the transportation, infrastructure, energy, and specialty metals and chemicals markets.