Alkemy Capital Investments (LON:ALK) Stock Price Up 20.2% – Still a Buy?

Alkemy Capital Investments Plc (LON:ALK) traded up 20.2% during mid-day trading on Monday . The stock traded as high as GBX 140.37 ($1.87) and last traded at GBX 133.50 ($1.78). 147,408 shares traded hands during trading, an increase of 257% from the average session volume of 41,309 shares. The stock had previously closed at GBX 111.11 ($1.48).

Alkemy Capital Investments Price Performance

The company has a debt-to-equity ratio of -41.61, a current ratio of 0.10 and a quick ratio of 0.02. The firm has a market capitalization of £13.79 million, a price-to-earnings ratio of -10.72 and a beta of 1.78. The business’s fifty day simple moving average is GBX 117.47 and its 200 day simple moving average is GBX 125.12.

Alkemy Capital Investments Company Profile

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.