5E Advanced Materials, Inc. (NASDAQ:FEAM) Short Interest Update

5E Advanced Materials, Inc. (NASDAQ:FEAM) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 266,635 shares, a decline of 77.8% from the January 29th total of 1,201,149 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 659,004 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 659,004 shares, the short-interest ratio is presently 0.4 days. Approximately 1.1% of the shares of the stock are short sold.

5E Advanced Materials Stock Up 9.0%

Shares of FEAM opened at $2.05 on Thursday. The stock’s fifty day simple moving average is $2.92 and its 200-day simple moving average is $3.82. The firm has a market capitalization of $48.20 million, a PE ratio of -0.29 and a beta of 1.62. 5E Advanced Materials has a 12-month low of $1.66 and a 12-month high of $7.50.

5E Advanced Materials (NASDAQ:FEAM) last announced its quarterly earnings data on Tuesday, February 17th. The company reported ($0.48) earnings per share for the quarter, topping the consensus estimate of ($0.55) by $0.07. Analysts anticipate that 5E Advanced Materials will post -9.22 EPS for the current year.

Analysts Set New Price Targets

FEAM has been the subject of a number of recent analyst reports. Wall Street Zen cut 5E Advanced Materials from a “hold” rating to a “sell” rating in a report on Saturday, February 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 5E Advanced Materials in a report on Wednesday, January 21st. Finally, HC Wainwright reissued a “buy” rating and set a $9.25 price objective on shares of 5E Advanced Materials in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, 5E Advanced Materials currently has an average rating of “Hold” and a consensus price target of $8.13.

Insiders Place Their Bets

In other news, Director Bep Special Situations Iv Llc acquired 4,000,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was bought at an average price of $2.00 per share, with a total value of $8,000,000.00. Following the completion of the acquisition, the director owned 12,130,997 shares in the company, valued at approximately $24,261,994. This represents a 49.19% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of 5E Advanced Materials

A number of institutional investors have recently bought and sold shares of FEAM. Mercer Global Advisors Inc. ADV bought a new stake in shares of 5E Advanced Materials during the 4th quarter valued at $674,000. XTX Topco Ltd bought a new stake in 5E Advanced Materials in the fourth quarter valued at about $124,000. &PARTNERS bought a new stake in 5E Advanced Materials in the fourth quarter valued at about $191,000. Bluescape Energy Partners LLC lifted its stake in 5E Advanced Materials by 7.0% in the fourth quarter. Bluescape Energy Partners LLC now owns 8,130,997 shares of the company’s stock valued at $24,800,000 after buying an additional 533,648 shares during the period. Finally, Marshall Wace LLP bought a new position in 5E Advanced Materials during the fourth quarter worth about $282,000.

About 5E Advanced Materials

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.