Rock Tech Lithium (CVE:RCK) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Rock Tech Lithium Inc. (CVE:RCKGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.95 and traded as high as C$1.01. Rock Tech Lithium shares last traded at C$1.01, with a volume of 25,550 shares traded.

Rock Tech Lithium Stock Performance

The company has a market capitalization of C$121.20 million, a price-to-earnings ratio of -9.18 and a beta of -0.01. The company has a 50 day moving average price of C$0.95 and a 200 day moving average price of C$0.90. The company has a debt-to-equity ratio of 1.23, a quick ratio of 4.68 and a current ratio of 2.02.

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. Rock Tech Lithium Inc was incorporated in 2010 and is headquartered in Toronto, Canada.

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