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Rock Tech Lithium (CVE:RCK) Stock Price Passes 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 passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.07 and traded as low as C$1.02. Rock Tech Lithium shares last traded at C$1.03, with a volume of 19,978 shares changing hands.

Rock Tech Lithium Price Performance

The company has a quick ratio of 4.68, a current ratio of 1.50 and a debt-to-equity ratio of 2.05. The firm's 50-day moving average is C$1.07 and its 200-day moving average is C$1.11. The company has a market capitalization of C$102.17 million, a PE ratio of -5.58 and a beta of 1.51.

About Rock Tech Lithium

(Get Free Report)

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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