Alkemy Capital Investments (LON:ALK) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Alkemy Capital Investments Plc (LON:ALKGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 332.72 and traded as high as GBX 420. Alkemy Capital Investments shares last traded at GBX 380.28, with a volume of 59,136 shares trading hands.

Alkemy Capital Investments Trading Up 3.8%

The stock has a 50 day moving average of GBX 332.72 and a 200-day moving average of GBX 277.64. The company has a market capitalization of £42.87 million, a P/E ratio of -19.71 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.

About Alkemy Capital Investments

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

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