Alkemy Capital Investments (LON:ALK) Trading Up 76.5% – Should You Buy?

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s share price shot up 76.5% on Thursday . The stock traded as high as GBX 84 ($1.09) and last traded at GBX 75 ($0.97). 232,838 shares changed hands during trading, an increase of 515% from the average session volume of 37,836 shares. The stock had previously closed at GBX 42.50 ($0.55).

Alkemy Capital Investments Stock Up 76.5 %

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 capitalization of £6.61 million, a P/E ratio of -184.78 and a beta of 1.78. The stock’s 50-day simple moving average is GBX 44.22 and its 200-day simple moving average is GBX 64.13.

About Alkemy Capital Investments

(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.

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