Westwater Resources (NASDAQ:WWR) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Westwater Resources (NASDAQ:WWR) in a research report report published on Friday. The firm issued a sell rating on the basic materials company’s stock.

Westwater Resources Stock Performance

WWR opened at $0.59 on Friday. Westwater Resources has a fifty-two week low of $0.40 and a fifty-two week high of $0.78. The stock has a market cap of $36.78 million, a price-to-earnings ratio of -4.54 and a beta of 1.58. The firm’s fifty day moving average is $0.56 and its 200 day moving average is $0.52.

Hedge Funds Weigh In On Westwater Resources

An institutional investor recently bought a new position in Westwater Resources stock. Virtu Financial LLC bought a new stake in shares of Westwater Resources, Inc. (NASDAQ:WWR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 65,905 shares of the basic materials company’s stock, valued at approximately $34,000. Virtu Financial LLC owned about 0.11% of Westwater Resources as of its most recent filing with the Securities and Exchange Commission. 7.72% of the stock is owned by institutional investors.

Westwater Resources Company Profile

Westwater Resources, Inc operates as an energy technology company, focuses on developing battery-grade natural graphite materials. The company holds interests in Kellyton Graphite Plant located in Kellyton, Alabama; and Bama Mine Project situated in south Alabama. It holds interests in Coosa graphite project located in Coosa County, Alabama.