Liquidmetal Technologies (OTCMKTS:LQMT) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Liquidmetal Technologies Inc. (OTCMKTS:LQMTGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.13 and traded as low as $0.1031. Liquidmetal Technologies shares last traded at $0.1075, with a volume of 22,036 shares changing hands.

Liquidmetal Technologies Price Performance

The stock’s 50 day moving average is $0.12 and its two-hundred day moving average is $0.13.

About Liquidmetal Technologies

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Liquidmetal Technologies, Inc is a development-stage materials engineering company specializing in the design, development and licensing of proprietary bulk amorphous metal alloys known under the trademark “Liquidmetal.” These amorphous alloys exhibit a unique combination of high strength, elasticity and corrosion resistance, which the company says can outperform traditional crystalline metals in a variety of applications.

The company’s core business model centers on patented intellectual property, process technology and alloy formulations for injection molding of amorphous metals.

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