SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) traded down 13.7% during mid-day trading on Monday . The company traded as low as GBX 2.13 ($0.03) and last traded at GBX 2.15 ($0.03). 675,592 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 1,285,779 shares. The stock had previously closed at GBX 2.49 ($0.03).
SIMEC Atlantis Energy Stock Down 6.7 %
The firm has a market capitalization of £15.18 million, a price-to-earnings ratio of 52.50 and a beta of 1.41. The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 143.38. The company’s 50 day moving average price is GBX 2.01 and its 200 day moving average price is GBX 2.05.
About SIMEC Atlantis Energy
SAE Renewables is a global developer, owner and operator of sustainable energy projects. SAE owns the world’s flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK’s largest battery energy storage projects.
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