Alkemy Capital Investments (LON:ALK) Trading 15.4% Higher – What’s Next?

Alkemy Capital Investments Plc (LON:ALK)’s share price traded up 15.4% on Tuesday . The company traded as high as GBX 155 ($1.90) and last traded at GBX 150.05 ($1.84). 105,317 shares changed hands during mid-day trading, an increase of 319% from the average session volume of 25,154 shares. The stock had previously closed at GBX 130 ($1.59).

Alkemy Capital Investments Price Performance

The business’s fifty day simple moving average is GBX 122.38 and its 200-day simple moving average is GBX 78.73. The company has a current ratio of 0.17, a quick ratio of 0.02 and a debt-to-equity ratio of 3,137.81. The firm has a market cap of £14.70 million, a P/E ratio of -725.65 and a beta of 1.78.

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.