Liquidmetal Technologies (OTCMKTS:LQMT) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Liquidmetal Technologies Inc. (OTCMKTS:LQMTGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.11 and traded as low as $0.10. Liquidmetal Technologies shares last traded at $0.1014, with a volume of 356,096 shares trading hands.

Liquidmetal Technologies Stock Down 6.1%

The stock has a 50 day moving average price of $0.11 and a 200 day moving average price of $0.13.

About Liquidmetal Technologies

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Liquidmetal Technologies, Inc is a development-stage materials engineering company specializing in the design, development and licensing of proprietary bulk amorphous metal alloys known under the trademark “Liquidmetal.” These amorphous alloys exhibit a unique combination of high strength, elasticity and corrosion resistance, which the company says can outperform traditional crystalline metals in a variety of applications.

The company’s core business model centers on patented intellectual property, process technology and alloy formulations for injection molding of amorphous metals.

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