Alkemy Capital Investments (LON:ALK) Trading 23.5% Higher – Still a Buy?

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s stock price was up 23.5% during mid-day trading on Wednesday . The company traded as high as GBX 435 and last traded at GBX 420. Approximately 172,902 shares traded hands during mid-day trading, an increase of 137% from the average daily volume of 72,964 shares. The stock had previously closed at GBX 340.

Alkemy Capital Investments Trading Up 20.6%

The business’s fifty day moving average price is GBX 312.25 and its 200 day moving average price is GBX 252.83. The company has a quick ratio of 0.02, a current ratio of 0.10 and a debt-to-equity ratio of -41.61. The firm has a market capitalization of £43.72 million, a PE ratio of -20.10 and a beta of 1.78.

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. The company was formerly known as Alkemy Capital Plc and changed its name to Alkemy Capital Investments Plc in February 2021.

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