Alkemy Capital Investments (LON:ALK) Shares Up 11.5% – Here’s Why

Shares of Alkemy Capital Investments Plc (LON:ALKGet Free Report) were up 11.5% on Thursday . The company traded as high as GBX 388 and last traded at GBX 345. Approximately 666,613 shares traded hands during trading, an increase of 972% from the average session volume of 62,172 shares. The stock had previously closed at GBX 309.50.

Alkemy Capital Investments Price Performance

The firm has a market capitalization of £38.79 million, a P/E ratio of -13.65 and a beta of 0.60. The company has a debt-to-equity ratio of -289.88, a current ratio of 0.08 and a quick ratio of 0.02. The stock’s fifty day simple moving average is GBX 287.52 and its 200 day simple moving average is GBX 304.33.

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.

Further Reading

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