Alkemy Capital Investments (LON:ALK) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Alkemy Capital Investments Plc (LON:ALK) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 108.73 ($1.41) and traded as high as GBX 132.25 ($1.71). Alkemy Capital Investments shares last traded at GBX 132.20 ($1.71), with a volume of 38,103 shares changing hands.

Alkemy Capital Investments Price Performance

The firm has a market cap of £11.65 million, a price-to-earnings ratio of -9.06 and a beta of 1.78. The company has a current ratio of 0.10, a quick ratio of 0.02 and a debt-to-equity ratio of -41.61. The business’s 50-day simple moving average is GBX 140.25 and its two-hundred day simple moving average is GBX 108.73.

Alkemy Capital Investments Company Profile

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.