Allkem Limited (OTCMKTS:OROCF – Get Free Report) crossed below its 50 day moving average during trading on Friday . 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 trading hands.
Allkem Price Performance
The firm’s 50 day simple moving average is $6.80 and its 200-day simple moving average is $6.80. The company has a quick ratio of 2.23, a current ratio of 2.52 and a debt-to-equity ratio of 0.08.
About Allkem
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.
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