Allkem (OTCMKTS:OROCF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Allkem Limited (OTCMKTS:OROCFGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.80 and traded as low as $6.70. Allkem shares last traded at $6.80, with a volume of 1,900 shares changing hands.

Allkem Stock Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.23 and a current ratio of 2.52. The stock has a 50-day moving average price of $6.80 and a 200-day moving average price of $6.80.

About Allkem

(Get Free Report)

Allkem Limited engages in the production and sale of lithium and boron in Argentina. Its flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. Allkem Limited was incorporated in 2005 and is headquartered in Brisbane, Australia.

Further Reading

Receive News & Ratings for Allkem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allkem and related companies with MarketBeat.com's FREE daily email newsletter.