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

5E Advanced Materials (NASDAQ:FEAM) was upgraded by analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued on Saturday.

FEAM has been the topic of a number of other reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Monday, April 20th. HC Wainwright set a $5.50 price objective on shares of 5E Advanced Materials and gave the company a “buy” rating in a research note on Wednesday, May 13th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $6.25.

5E Advanced Materials Price Performance

NASDAQ FEAM opened at $1.85 on Friday. 5E Advanced Materials has a 12 month low of $1.17 and a 12 month high of $7.50. The company has a market capitalization of $76.79 million, a price-to-earnings ratio of -1.38 and a beta of 1.84. The company’s fifty day moving average price is $1.65 and its two-hundred day moving average price is $2.58.

5E Advanced Materials (NASDAQ:FEAM) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.35) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.01. As a group, analysts anticipate that 5E Advanced Materials will post -1.61 EPS for the current year.

Institutional Trading of 5E Advanced Materials

A number of institutional investors and hedge funds have recently modified their holdings of the business. LeClair Wealth Partners LLC raised its holdings in shares of 5E Advanced Materials by 20.0% during the fourth quarter. LeClair Wealth Partners LLC now owns 30,000 shares of the company’s stock worth $92,000 after purchasing an additional 4,990 shares during the period. State Street Corp acquired a new stake in shares of 5E Advanced Materials during the fourth quarter worth $37,000. Summit Financial Strategies Inc. acquired a new stake in shares of 5E Advanced Materials during the fourth quarter worth $37,000. Goldman Sachs Group Inc. acquired a new stake in shares of 5E Advanced Materials during the fourth quarter worth $69,000. Finally, Jane Street Group LLC acquired a new stake in shares of 5E Advanced Materials during the fourth quarter worth $111,000.

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.