Alkemy Capital Investments (LON:ALK) Shares Pass Above 50 Day Moving Average – Here’s Why

Alkemy Capital Investments Plc (LON:ALKGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 110.76 ($1.39) and traded as high as GBX 130 ($1.63). Alkemy Capital Investments shares last traded at GBX 125.55 ($1.58), with a volume of 14,736 shares trading hands.

Alkemy Capital Investments Trading Down 5.4 %

The stock’s fifty day simple moving average is GBX 110.76 and its 200-day simple moving average is GBX 73.09. The company has a debt-to-equity ratio of 3,137.81, a current ratio of 0.17 and a quick ratio of 0.02. The firm has a market cap of £11.06 million, a PE ratio of -545.87 and a beta of 1.78.

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.

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