Alkemy Capital Investments (LON:ALK) Trading Up 15% – Still a Buy?

Alkemy Capital Investments Plc (LON:ALK)’s stock price was up 15% during mid-day trading on Thursday . The company traded as high as GBX 320 and last traded at GBX 303.11. 163,951 shares traded hands during trading, an increase of 165% from the average session volume of 61,886 shares. The stock had previously closed at GBX 263.50.

Alkemy Capital Investments Stock Performance

The company has a debt-to-equity ratio of -289.88, a current ratio of 0.08 and a quick ratio of 0.02. The stock has a 50 day simple moving average of GBX 273.19 and a two-hundred day simple moving average of GBX 322.27. The company has a market cap of £33.75 million, a PE ratio of -11.99 and a beta of 0.59.

Alkemy Capital Investments (LON:ALK) last announced its 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

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.