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

Allkem Limited (OTCMKTS:OROCFGet Free Report)’s stock price 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 traded.

Allkem Stock Up 1.5 %

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

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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