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Rock Tech Lithium (CVE:RCK) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.02 and traded as low as C$0.94. Rock Tech Lithium shares last traded at C$0.94, with a volume of 9,000 shares.

Rock Tech Lithium Stock Performance

The stock has a 50-day simple moving average of C$1.02 and a 200 day simple moving average of C$1.06. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.50 and a quick ratio of 4.68. The company has a market capitalization of C$97.06 million, a PE ratio of -5.30 and a beta of 1.51.

About Rock Tech Lithium

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Rock Tech Lithium Inc engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario. The company was formerly known as Rock Tech Resources Inc and changed its name to Rock Tech Lithium Inc in April 2010.

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