Rock Tech Lithium (CVE:RCK) Shares Pass Above 50-Day Moving Average – Time to Sell?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$1.21 and traded as high as C$1.22. Rock Tech Lithium shares last traded at C$1.20, with a volume of 37,788 shares traded.

Rock Tech Lithium Price Performance

The firm has a market capitalization of C$124.92 million, a PE ratio of -3.16 and a beta of 1.51. The firm’s 50-day moving average is C$1.21 and its 200 day moving average is C$1.34. The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00.

Rock Tech Lithium Company Profile

(Get Free Report)

Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.

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