Liquidmetal Technologies (OTCMKTS:LQMT) Shares Cross Below 200 Day Moving Average – Here’s Why

Liquidmetal Technologies Inc. (OTCMKTS:LQMTGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.17 and traded as low as $0.0877. Liquidmetal Technologies shares last traded at $0.0911, with a volume of 1,031,023 shares trading hands.

Liquidmetal Technologies Stock Performance

The firm’s 50 day moving average is $0.21 and its 200 day moving average is $0.17.

Institutional Trading of Liquidmetal Technologies

A hedge fund recently bought a new stake in Liquidmetal Technologies stock. Byrne Asset Management LLC acquired a new stake in shares of Liquidmetal Technologies Inc. (OTCMKTS:LQMTFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 400,000 shares of the industrial products company’s stock, valued at approximately $80,000. Institutional investors own 0.06% of the company’s stock.

Liquidmetal Technologies Company Profile

(Get Free Report)

Liquidmetal Technologies, Inc develops and commercializes amorphous metal alloys, also known as bulk metallic glasses. These materials are engineered to offer a combination of strength, elasticity, corrosion resistance and wear resistance, along with the ability to be molded into complex shapes.

The company provides Liquidmetal alloy materials, component manufacturing and related engineering services. Its offerings are intended for applications in industries such as consumer electronics, medical devices, automotive, aerospace and industrial products.

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