Alkemy Capital Investments (LON:ALK) Stock Passes Above Fifty Day Moving Average – What’s Next?

Alkemy Capital Investments Plc (LON:ALK) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 110.76 ($1.39) and traded as high as GBX 130 ($1.63). Alkemy Capital Investments shares last traded at GBX 125.55 ($1.57), with a volume of 14,736 shares.

Alkemy Capital Investments Stock Performance

The company has a debt-to-equity ratio of 3,137.81, a current ratio of 0.17 and a quick ratio of 0.02. The stock has a fifty day simple moving average of GBX 112.37 and a two-hundred day simple moving average of GBX 73.43. The firm has a market capitalization of £11.06 million, a P/E ratio of -545.87 and a beta of 1.78.

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.