Alkemy Capital Investments (LON:ALK) Stock Price Up 76.5% – Here’s Why

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s share price rose 76.5% during mid-day trading on Thursday . The stock traded as high as GBX 84 ($1.09) and last traded at GBX 75 ($0.97). Approximately 232,838 shares changed hands during mid-day trading, an increase of 515% from the average daily volume of 37,836 shares. The stock had previously closed at GBX 42.50 ($0.55).

Alkemy Capital Investments Stock Performance

The stock has a market capitalization of £7.66 million, a PE ratio of -378.26 and a beta of 1.78. The company has a debt-to-equity ratio of 3,137.81, a quick ratio of 0.02 and a current ratio of 0.17. The firm has a 50 day moving average of GBX 45.26 and a 200-day moving average of GBX 64.21.

Alkemy Capital Investments Company Profile

(Get Free Report)

Alkemy Capital Investments Plc develops projects in the energy transition metals sector in the United Kingdom and Australia. It engages in the construction and operation of the lithium hydroxide processing facility and the lithium ore enrichment facility. The company also focuses on designing, developing, constructing, and operating of the plant that produces lithium hydroxide monohydrate.

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