Liquidmetal Technologies (OTCMKTS:LQMT) Shares Cross Below 200 Day Moving Average - Time to Sell?

Key Points

• Technical signal: Liquidmetal (OTCMKTS:LQMT) fell below its 200-day moving average of $0.12, trading as low as $0.1078 and last at $0.1168 on volume of 1,288,673 shares, a potential bearish indicator for traders.
• Company profile: Liquidmetal is a development-stage materials engineering firm that develops and licenses proprietary bulk amorphous metal alloys, with a business model centered on patented IP, process technology and injection-molding alloy formulations.

Liquidmetal Technologies Inc. (OTCMKTS:LQMT - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.12 and traded as low as $0.1078. Liquidmetal Technologies shares last traded at $0.1168, with a volume of 1,288,673 shares trading hands.

Liquidmetal Technologies Stock Performance

The business's 50 day moving average is $0.11 and its two-hundred day moving average is $0.12.

About Liquidmetal Technologies

Liquidmetal Technologies, Inc is a development-stage materials engineering company specializing in the design, development and licensing of proprietary bulk amorphous metal alloys known under the trademark “Liquidmetal.” These amorphous alloys exhibit a unique combination of high strength, elasticity and corrosion resistance, which the company says can outperform traditional crystalline metals in a variety of applications.

The company's core business model centers on patented intellectual property, process technology and alloy formulations for injection molding of amorphous metals.

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