Lynas Rare Earths (OTCMKTS:LYSCF) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Lynas Rare Earths Limited (OTCMKTS:LYSCF) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $6.44 and traded as high as $11.26. Lynas Rare Earths shares last traded at $11.23, with a volume of 135,130 shares trading hands.

Wall Street Analyst Weigh In

Separately, UBS Group lowered shares of Lynas Rare Earths to a “neutral” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Lynas Rare Earths Price Performance

The business’s 50-day moving average price is $8.69 and its 200 day moving average price is $6.44.

About Lynas Rare Earths

Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia; and the Kalgoorlie project. Its products include yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium.