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Rock Tech Lithium (CVE:RCK) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Rock Tech Lithium logo with Basic Materials background

Rock Tech Lithium Inc. (CVE:RCK - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$1.08 and traded as high as C$1.27. Rock Tech Lithium shares last traded at C$1.12, with a volume of 28,203 shares changing hands.

Rock Tech Lithium Price Performance

The stock has a market capitalization of C$116.59 million, a PE ratio of -2.95 and a beta of 1.51. The company has a debt-to-equity ratio of 1.87, a quick ratio of 4.68 and a current ratio of 2.00. The stock's 50-day moving average is C$1.08 and its 200 day moving average is C$1.22.

Rock Tech Lithium Company Profile

(Get Free Report)

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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