Rock Tech Lithium (CVE:RCK) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

Rock Tech Lithium Inc. (CVE:RCKGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.10 and traded as low as C$1.10. Rock Tech Lithium shares last traded at C$1.10, with a volume of 19,919 shares.

Rock Tech Lithium Price Performance

The company has a current ratio of 2.00, a quick ratio of 4.68 and a debt-to-equity ratio of 1.87. The company has a market capitalization of C$114.51 million, a PE ratio of -2.89 and a beta of 1.51. The stock has a fifty day simple moving average of C$1.10 and a 200-day simple moving average of C$1.17.

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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