Rock Tech Lithium (CVE:RCK) Shares Cross Below 50-Day Moving Average – Should You Sell?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.88 and traded as low as C$0.87. Rock Tech Lithium shares last traded at C$0.90, with a volume of 90,500 shares traded.

Rock Tech Lithium Stock Up 1.1%

The company has a market capitalization of C$97.29 million, a PE ratio of -7.50 and a beta of 1.33. The company’s 50 day moving average is C$0.88 and its two-hundred day moving average is C$0.96. The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05.

About Rock Tech Lithium

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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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