Graphite One (CVE:GPH) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Graphite One Inc. (CVE:GPHGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.77 and traded as low as C$0.71. Graphite One shares last traded at C$0.71, with a volume of 10,205 shares changing hands.

Graphite One Trading Down 2.7 %

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.33 and a current ratio of 1.63. The stock has a market capitalization of C$98.39 million, a price-to-earnings ratio of -10.14 and a beta of 1.02. The business has a fifty day simple moving average of C$0.74 and a 200 day simple moving average of C$0.77.

About Graphite One

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Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019.

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