Allkem (OTCMKTS:OROCF) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Allkem Limited (OTCMKTS:OROCFGet Free Report) shares crossed below its 50 day moving average during trading on Friday . 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.

Allkem Price Performance

The business has a 50 day simple moving average of $6.80 and a 200-day simple moving average of $6.80. The company has a quick ratio of 2.23, a current ratio of 2.52 and a debt-to-equity ratio of 0.08.

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.

Further Reading

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