5E Advanced Materials (NASDAQ:FEAM) Cut to Sell at Wall Street Zen

5E Advanced Materials (NASDAQ:FEAM) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.

A number of other research analysts also recently commented on the company. HC Wainwright restated a “buy” rating and issued a $9.25 target price on shares of 5E Advanced Materials in a research note on Friday, November 21st. Weiss Ratings reissued a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $8.13.

5E Advanced Materials Stock Performance

5E Advanced Materials stock opened at $2.21 on Friday. The firm has a market cap of $51.96 million, a PE ratio of -0.31 and a beta of 1.62. The firm’s 50 day moving average price is $3.23 and its two-hundred day moving average price is $3.91. 5E Advanced Materials has a twelve month low of $2.00 and a twelve month high of $8.32.

5E Advanced Materials (NASDAQ:FEAM) last issued its earnings results on Thursday, November 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.07. Equities analysts anticipate that 5E Advanced Materials will post -9.22 EPS for the current fiscal year.

Insider Activity

In related news, Director Bep Special Situations Iv Llc purchased 4,000,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was bought at an average price of $2.00 per share, for a total transaction of $8,000,000.00. Following the purchase, the director owned 12,130,997 shares in the company, valued at $24,261,994. The trade was a 49.19% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On 5E Advanced Materials

A number of large investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP bought a new position in shares of 5E Advanced Materials in the fourth quarter valued at approximately $282,000. State Street Corp acquired a new position in 5E Advanced Materials in the 4th quarter valued at $37,000. Jane Street Group LLC acquired a new position in 5E Advanced Materials in the 4th quarter valued at $111,000. Potomac Capital Management Inc. bought a new position in 5E Advanced Materials in the 4th quarter worth $186,000. Finally, LeClair Wealth Partners LLC lifted its position in 5E Advanced Materials by 20.0% during the 4th quarter. LeClair Wealth Partners LLC now owns 30,000 shares of the company’s stock worth $92,000 after acquiring an additional 4,990 shares during the last quarter.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.