Alkemy Capital Investments (LON:ALK) Trading Down 14.3% – Time to Sell?

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s stock price was down 14.3% during trading on Thursday . The company traded as low as GBX 262.55 and last traded at GBX 267. Approximately 151,857 shares changed hands during trading, an increase of 152% from the average daily volume of 60,294 shares. The stock had previously closed at GBX 311.50.

Alkemy Capital Investments Trading Down 9.0%

The stock’s fifty day moving average price is GBX 322.80 and its 200 day moving average price is GBX 337.09. The company has a quick ratio of 0.02, a current ratio of 0.29 and a debt-to-equity ratio of -102.45. The stock has a market cap of £27.28 million, a PE ratio of -12.18 and a beta of 0.63.

Alkemy Capital Investments (LON:ALKGet Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported GBX (25.27) EPS for the quarter.

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. The company was formerly known as Alkemy Capital Plc and changed its name to Alkemy Capital Investments Plc in February 2021.

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