Alkemy Capital Investments (LON:ALK) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Alkemy Capital Investments Plc (LON:ALK) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 311.58 and traded as low as GBX 286. Alkemy Capital Investments shares last traded at GBX 295, with a volume of 2,771 shares traded.

Alkemy Capital Investments Stock Performance

The company has a quick ratio of 0.02, a current ratio of 0.08 and a debt-to-equity ratio of -289.88. The stock has a 50 day simple moving average of GBX 279.22 and a two-hundred day simple moving average of GBX 311.37. The stock has a market capitalization of £31.40 million, a P/E ratio of -11.16 and a beta of 0.60.

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