Allkem (OTCMKTS:OROCF) Stock Passes Below 50 Day Moving Average – Time to Sell?

Allkem Limited (OTCMKTS:OROCFGet Free Report) shares crossed below its fifty day moving average during trading on Monday . 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 changing hands.

Allkem Trading Up 1.5 %

The firm’s 50-day moving average price is $6.80 and its 200-day moving average price is $6.80. The company has a current ratio of 2.52, a quick ratio of 2.23 and a debt-to-equity ratio of 0.08.

About Allkem

(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.

See Also

Receive News & Ratings for Allkem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allkem and related companies with MarketBeat.com's FREE daily email newsletter.