Lynas Rare Earths (OTCMKTS:LYSCF) Shares Cross Above 200 Day Moving Average – Should You Sell?

Lynas Rare Earths Limited (OTCMKTS:LYSCF) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.70 and traded as high as $8.82. Lynas Rare Earths shares last traded at $8.69, with a volume of 159,124 shares changing hands.

Wall Street Analyst Weigh In

Separately, UBS Group set a $17.80 price target on shares of Lynas Rare Earths and gave the company a “buy” rating in a report on Wednesday, November 19th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Lynas Rare Earths presently has an average rating of “Buy” and an average price target of $17.80.

Lynas Rare Earths Stock Performance

The business has a 50 day moving average of $10.75 and a 200 day moving average of $8.70.

Lynas Rare Earths Company Profile

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium.