Weiss Ratings Reaffirms "Sell (D+)" Rating for Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D+)" rating for Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) in its latest report.
• Shares of Alchemy Investments traded down by 0.2%, ending the day at $11.70, below its 50-day moving average of $11.50 and 200-day moving average of $11.52.
• Alchemy Investments Acquisition Corp 1 focuses on mergers and acquisitions, primarily targeting companies that deal with data processing and analysis.

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report)'s stock had its "sell (d+)" rating reaffirmed by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Alchemy Investments Acquisition Corp 1 Trading Down 0.2%

Shares of Alchemy Investments Acquisition Corp 1 stock traded down $0.03 on Wednesday, reaching $11.70. 991 shares of the company were exchanged, compared to its average volume of 11,093. Alchemy Investments Acquisition Corp 1 has a one year low of $10.25 and a one year high of $13.14. The company has a 50-day moving average of $11.50 and a 200 day moving average of $11.52.

About Alchemy Investments Acquisition Corp 1

Alchemy Investments Acquisition Corp 1, a special purpose acquisition company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It plans to focus on companies acquiring, processing, analysing, and utilizing data acquired from various systems and sources.

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