Allkem (OTCMKTS:OROCF) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Allkem Limited (OTCMKTS:OROCFGet Free Report) passed below its fifty day moving average during trading on Friday . 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 traded.

Allkem Stock Up 1.5%

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

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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