AMG Critical Materials (OTCMKTS:AMVMF) Trading Up 11.9% – Time to Buy?

Shares of AMG Critical Materials (OTCMKTS:AMVMF) were up 11.9% during trading on Thursday . The stock traded as high as $33.10 and last traded at $33.10. Approximately 100 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 1,526 shares. The stock had previously closed at $29.59.

Analyst Ratings Changes

AMVMF has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating on shares of AMG Critical Materials in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AMG Critical Materials in a research report on Tuesday, September 30th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

AMG Critical Materials Price Performance

The business’s 50-day moving average price is $32.79 and its 200-day moving average price is $29.55.

AMG Critical Materials Company Profile

AMG Critical Materials N.V. develops, produces, and sells energy storage materials. The company operates through three segments: AMG Clean Energy Materials, AMG Critical Minerals, and AMG Critical Materials Technologies. It offers engineered specialty metal products and vacuum furnaces for specialized alloying applications; and heat treatment services to the transportation, infrastructure, energy, and specialty metals and chemicals markets.