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Rock Tech Lithium (CVE:RCK) Share Price Crosses Below 50-Day Moving Average - Time to Sell?

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.05 and traded as low as C$0.96. Rock Tech Lithium shares last traded at C$0.97, with a volume of 20,741 shares.

Rock Tech Lithium Trading Up 4.3%

The firm has a market cap of C$100.13 million, a P/E ratio of -5.47 and a beta of 1.51. The stock has a fifty day simple moving average of C$1.05 and a 200 day simple moving average of C$1.07. The company has a debt-to-equity ratio of 2.05, a quick ratio of 4.68 and a current ratio of 1.50.

Rock Tech Lithium Company Profile

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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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