Allkem (OTCMKTS:OROCF) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Allkem Limited (OTCMKTS:OROCFGet Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . 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 quick ratio of 2.23, a current ratio of 2.52 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $6.80 and a 200-day moving average 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.

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