Alabama Graphite (CVE:CSPG) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Alabama Graphite Corp. (CVE:CSPGGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.05 and traded as low as C$0.05. Alabama Graphite shares last traded at C$0.06, with a volume of 51,300 shares traded.

Alabama Graphite Price Performance

The company has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.05.

About Alabama Graphite

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Alabama Graphite Corp., through its subsidiary Alabama Graphite Company, Inc engages in the exploration, evaluation, and development of graphite mineral properties in the United States. The company's flagship project is the Coosa graphite project covering an area of 42,000 acres located in Coosa County, Alabama.

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