Alkemy Capital Investments (LON:ALK) Stock Price Up 1.1% – Should You Buy?

Alkemy Capital Investments Plc (LON:ALK) shares traded up 1.1% during mid-day trading on Friday . The company traded as high as GBX 455 and last traded at GBX 450. 132,974 shares traded hands during trading, an increase of 81% from the average session volume of 73,428 shares. The stock had previously closed at GBX 445.

Alkemy Capital Investments Stock Performance

The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of -41.61. The firm has a 50-day simple moving average of GBX 341.10 and a two-hundred day simple moving average of GBX 281.12. The company has a market capitalization of £47.64 million, a price-to-earnings ratio of -21.90 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. The company was formerly known as Alkemy Capital Plc and changed its name to Alkemy Capital Investments Plc in February 2021.