Westwater Resources (NASDAQ:WWR) Research Coverage Started at StockNews.com

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

Westwater Resources Stock Performance

Shares of NASDAQ:WWR opened at $0.60 on Friday. The stock has a 50-day simple moving average of $0.57 and a 200-day simple moving average of $0.53. The stock has a market capitalization of $37.51 million, a P/E ratio of -4.62 and a beta of 1.57. Westwater Resources has a 1 year low of $0.40 and a 1 year high of $0.78.

Institutional Trading of Westwater Resources

An institutional investor recently bought a new position in Westwater Resources stock. Virtu Financial LLC acquired a new position in shares of Westwater Resources, Inc. (NASDAQ:WWR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 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 SEC filing. 7.72% of the stock is currently 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.