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Rock Tech Lithium (CVE:RCK) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Rock Tech Lithium logo with Basic Materials background

Shares of Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$1.04 and traded as low as C$0.94. Rock Tech Lithium shares last traded at C$0.96, with a volume of 3,170 shares trading hands.

Rock Tech Lithium Stock Up 3.2%

The firm's 50-day moving average price is C$1.04 and its 200 day moving average price is C$1.07. 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 company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05.

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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