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

Alkemy Capital Investments Plc (LON:ALK) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 336.67 and traded as low as GBX 242.33. Alkemy Capital Investments shares last traded at GBX 254.78, with a volume of 5,045 shares traded.

Alkemy Capital Investments Price Performance

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 stock has a market capitalization of £26.19 million, a PE ratio of -9.44 and a beta of 0.63. The company has a 50-day moving average of GBX 313.06 and a 200 day moving average of GBX 335.98.

Alkemy Capital Investments (LON:ALK) last issued its quarterly earnings results 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.