Allkem (OTCMKTS:OROCF) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Shares of Allkem Limited (OTCMKTS:OROCFGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.80 and traded as low as $6.70. Allkem shares last traded at $6.80, with a volume of 1,900 shares trading hands.

Allkem Trading Up 1.5 %

The firm has a fifty day moving average of $6.80 and a 200 day moving average of $6.80. The company has a current ratio of 2.52, a quick ratio of 2.23 and a debt-to-equity ratio of 0.08.

About Allkem

(Get Free Report)

Allkem Limited engages in the production and sale of lithium and boron in Argentina. Its flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. Allkem Limited was incorporated in 2005 and is headquartered in Brisbane, Australia.

Further Reading

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