Alkemy Capital Investments (LON:ALK) Stock Price Up 16.7% – Here’s Why

Shares of Alkemy Capital Investments Plc (LON:ALK – Get Free Report) shot up 16.7% on Wednesday. The company traded as high as GBX 255 and last traded at GBX 255. Approximately 150,228 shares changed hands during mid-day trading, an increase of 148% from the average session volume of 60,681 shares. The stock had previously closed at GBX 218.50.

Alkemy Capital Investments Trading Up 16.7%

The stock has a market capitalization of £28.67 million, a price-to-earnings ratio of -10.09 and a beta of 0.60. The company has a current ratio of 0.07, a quick ratio of 0.02 and a debt-to-equity ratio of -542.67. The company has a fifty day moving average of GBX 284.92 and a two-hundred day moving average of GBX 312.18.

Alkemy Capital Investments (LON:ALK – Get Free Report) last announced its quarterly earnings results on Wednesday, October 14th. The company reported GBX (12.10) EPS for the quarter. Alkemy Capital Investments had a negative net margin of 2,859,825.00% and a positive return on equity of 696.85%.

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.

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