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

Key Points

• Weiss Ratings has reiterated a "sell (D+)" rating for Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) in a recent report.
• The stock traded up $0.56 to reach a price of $12.21, with a 12-month trading range between a low of $10.25 and a high of $13.14.
• Alchemy Investments Acquisition Corp 1 is a special purpose acquisition company focused on merging with businesses that analyze and utilize acquired data.

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

Alchemy Investments Acquisition Corp 1 Stock Performance

Shares of ALCY traded up $0.56 during mid-day trading on Friday, reaching $12.21. The stock had a trading volume of 3,014 shares, compared to its average volume of 11,109. The business has a fifty day moving average of $11.58 and a 200 day moving average of $11.57. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.25 and a 12 month high of $13.14.

Alchemy Investments Acquisition Corp 1 Company Profile

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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