Alkemy Capital Investments (LON:ALK) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 323.01 and traded as low as GBX 234. Alkemy Capital Investments shares last traded at GBX 245, with a volume of 87,254 shares traded.

Alkemy Capital Investments Trading Up 2.1%

The company has a fifty day simple moving average of GBX 278.60 and a two-hundred day simple moving average of GBX 323.01. The company has a market capitalization of £27.28 million, a P/E ratio of -9.70 and a beta of 0.59. The company has a debt-to-equity ratio of -289.88, a current ratio of 0.08 and a quick ratio of 0.02.

Alkemy Capital Investments (LON:ALKGet Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX (25.27) earnings per share (EPS) for the quarter. Alkemy Capital Investments had a positive return on equity of 379.84% and a negative net margin of 3,317,793.22%.

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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