Alabama Graphite (CVE:CSPG) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Alabama Graphite Corp. (CVE:CSPGGet Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.06 and traded as low as C$0.05. Alabama Graphite shares last traded at C$0.06, with a volume of 51,300 shares trading hands.

Alabama Graphite Stock Performance

The stock has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05.

About Alabama Graphite

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Alabama Graphite Corp., through its subsidiary Alabama Graphite Company, Inc engages in the exploration, evaluation, and development of graphite mineral properties in the United States. The company's flagship project is the Coosa graphite project covering an area of 42,000 acres located in Coosa County, Alabama.

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