RecycLiCo Battery Materials (CVE:AMY) Stock Passes Below 50 Day Moving Average – Should You Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.10 and traded as low as C$0.09. RecycLiCo Battery Materials shares last traded at C$0.09, with a volume of 20,862 shares traded.

RecycLiCo Battery Materials Stock Performance

The stock has a 50-day moving average of C$0.10 and a 200 day moving average of C$0.12. The firm has a market capitalization of C$23.67 million, a P/E ratio of -3.00 and a beta of 2.57.

RecycLiCo Battery Materials Company Profile

(Get Free Report)

RecycLiCo Battery Materials Inc focuses on the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. Its RecycLiCo process produces battery ready materials from modern cathode chemistries, such as Lithium Iron Phosphate, Lithium Manganese Oxide, Nickel Manganese Cobalt, Nickel Cobal Aluminum, and Lithium Cobalt Oxide.

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