In the past week, ALCY stock has gone up by 0.28%, with a monthly gain of 0.47% and a quarterly surge of 0.28%. The volatility ratio for the week is 0.08%, and the volatility levels for the last 30 days are 0.13% for Alchemy Investments Acquisition Corp 1 The simple moving average for the last 20 days is 0.25% for ALCY’s stock, with a simple moving average of 1.89% for the last 200 days.
Is It Worth Investing in Alchemy Investments Acquisition Corp 1 (NASDAQ: ALCY) Right Now?
The price-to-earnings ratio for Alchemy Investments Acquisition Corp 1 (NASDAQ: ALCY) is 48.27x, which is above its average ratio.
The public float for ALCY is 11.44M and currently, short sellers hold a 0.02% of that float. On April 26, 2024, ALCY’s average trading volume was 45.59K shares.
ALCY) stock’s latest price update
Alchemy Investments Acquisition Corp 1 (NASDAQ: ALCY) has experienced a rise in its stock price by 0.09 compared to its previous closing price of 10.62. However, the company has seen a gain of 0.28% in its stock price over the last five trading days.
ALCY Trading at 0.50% from the 50-Day Moving Average
After a stumble in the market that brought ALCY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.30% of loss for the given period.
Volatility was left at 0.13%, however, over the last 30 days, the volatility rate increased by 0.08%, as shares surge +0.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.85% upper at present.
During the last 5 trading sessions, ALCY rose by +0.28%, in comparison to the 20-day moving average, which settled at $10.61. In addition, Alchemy Investments Acquisition Corp 1 saw 1.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ALCY
The total capital return value is set at -0.01. Equity return is now at value 5.72, with 5.38 for asset returns.
Currently, EBITDA for the company is -0.66 million with net debt to EBITDA at 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.59.
Conclusion
To wrap up, the performance of Alchemy Investments Acquisition Corp 1 (ALCY) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
