Graphite One (CVE:GPH) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Graphite One Inc. (CVE:GPH)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.78 and traded as high as C$0.87. Graphite One shares last traded at C$0.82, with a volume of 24,427 shares changing hands.

Graphite One Price Performance

The stock has a market capitalization of C$113.64 million, a P/E ratio of -11.71 and a beta of 1.02. The company’s 50 day simple moving average is C$0.78 and its two-hundred day simple moving average is C$0.78. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.33.

Graphite One (CVE:GPH) last posted its quarterly earnings data on Thursday, August 8th. The company reported C($0.02) EPS for the quarter. As a group, equities analysts expect that Graphite One Inc. will post -0.0196522 EPS for the current fiscal year.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares 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.