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

Shares of Alkemy Capital Investments Plc (LON:ALK) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 316.03 and traded as low as GBX 272. Alkemy Capital Investments shares last traded at GBX 279.10, with a volume of 16,187 shares trading hands.

Alkemy Capital Investments Price Performance

The company has a debt-to-equity ratio of -289.88, a quick ratio of 0.02 and a current ratio of 0.08. The stock has a market cap of £32.85 million, a PE ratio of -11.67 and a beta of 0.60. The stock has a 50 day moving average of GBX 274.62 and a two-hundred day moving average of GBX 315.18.

Alkemy Capital Investments (LON:ALK) last released 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 negative net margin of 2,682,812.71% and a positive return on equity of 366.39%.

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.