Alkemy Capital Investments (LON:ALK) Shares Up 28.3% – Still a Buy?

Alkemy Capital Investments Plc (LON:ALK) was up 28.3% during mid-day trading on Friday . The company traded as high as GBX 330 and last traded at GBX 290. Approximately 217,092 shares were traded during mid-day trading, an increase of 256% from the average daily volume of 60,969 shares. The stock had previously closed at GBX 226.

Alkemy Capital Investments Stock Performance

The company has a debt-to-equity ratio of -289.88, a quick ratio of 0.02 and a current ratio of 0.08. The company has a market capitalization of £32.09 million, a P/E ratio of -11.57 and a beta of 0.63. The business’s fifty day simple moving average is GBX 304.92 and its 200-day simple moving average is GBX 334.32.

Alkemy Capital Investments (LON:ALK) last announced its quarterly earnings results on Thursday, May 28th. The company reported GBX (25.27) earnings per share (EPS) for the quarter.

About Alkemy Capital Investments

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.