Alkemy Capital Investments (LON:ALK) Trading 28.3% Higher – Here’s Why

Alkemy Capital Investments Plc (LON:ALK) shares traded up 28.3% during trading on Friday . The stock traded as high as GBX 330 and last traded at GBX 290. 217,092 shares were traded during mid-day trading, an increase of 256% from the average session volume of 60,969 shares. The stock had previously closed at GBX 226.

Alkemy Capital Investments Stock Up 29.3%

The company has a quick ratio of 0.02, a current ratio of 0.08 and a debt-to-equity ratio of -289.88. The company has a market cap of £32.09 million, a P/E ratio of -11.57 and a beta of 0.58. The company has a fifty day moving average of GBX 303.97 and a 200 day moving average of GBX 334.02.

Alkemy Capital Investments (LON:ALK) last issued its quarterly earnings data on Thursday, May 28th. The company reported GBX (25.27) EPS for the quarter.

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