SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report)’s stock price dropped 13.7% during trading on Monday . The company traded as low as GBX 2.13 ($0.03) and last traded at GBX 2.15 ($0.03). Approximately 675,592 shares traded hands during trading, a decline of 47% from the average daily volume of 1,285,779 shares. The stock had previously closed at GBX 2.49 ($0.03).
SIMEC Atlantis Energy Trading Down 6.7 %
The company’s 50 day simple moving average is GBX 2.01 and its two-hundred day simple moving average is GBX 2.05. 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 has a market capitalization of £15.18 million, a price-to-earnings ratio of 52.50 and a beta of 1.41.
SIMEC Atlantis Energy Company Profile
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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