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

Allkem Limited (OTCMKTS:OROCFGet Free Report) passed below its 50 day moving average during trading on Monday . 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 Performance

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

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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