Alkemy Capital Investments (LON:ALK) Shares Down 7.3% – Time to Sell?

Alkemy Capital Investments Plc (LON:ALK)’s stock price fell 7.3% on Tuesday . The stock traded as low as GBX 251 and last traded at GBX 278.70. 140,156 shares were traded during trading, an increase of 126% from the average session volume of 61,979 shares. The stock had previously closed at GBX 300.50.

Alkemy Capital Investments Stock Performance

The firm has a market capitalization of £30.59 million, a price-to-earnings ratio of -11.03 and a beta of 0.58. The company has a fifty day moving average of GBX 303.18 and a two-hundred day moving average of GBX 333.44. The company has a debt-to-equity ratio of -289.88, a quick ratio of 0.02 and a current ratio of 0.08.

Alkemy Capital Investments (LON:ALK) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX (25.27) earnings per share 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.