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

Allkem Limited (OTCMKTS:OROCFGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-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 Stock Performance

The business has a 50-day moving average of $6.80 and a two-hundred day moving average of $6.80. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.23 and a current ratio of 2.52.

Allkem Company Profile

(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.

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