Lithium Ionic (CVE:LTH) Trading Up 11.4% – Should You Buy?

Lithium Ionic Corp. (CVE:LTHGet Free Report) was up 11.4% on Wednesday . The company traded as high as C$0.85 and last traded at C$0.78. Approximately 850,699 shares traded hands during trading, an increase of 70% from the average daily volume of 500,136 shares. The stock had previously closed at C$0.70.

Lithium Ionic Trading Up 11.4%

The stock has a 50 day simple moving average of C$1.02 and a 200 day simple moving average of C$1.04. The stock has a market cap of C$153.89 million, a P/E ratio of -26.00 and a beta of 1.68.

Further Reading

Receive News & Ratings for Lithium Ionic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium Ionic and related companies with MarketBeat.com's FREE daily email newsletter.