Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) were up 6.3% on Tuesday . The company traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.20 ($0.03). Approximately 1,006,320 shares changed hands during trading, a decline of 45% from the average daily volume of 1,839,728 shares. The stock had previously closed at GBX 2.07 ($0.03).
SIMEC Atlantis Energy Stock Performance
The stock has a market capitalization of £15.90 million, a P/E ratio of 55.00 and a beta of 1.41. The company has a quick ratio of 0.35, a current ratio of 0.85 and a debt-to-equity ratio of 121.92. The company has a 50-day moving average price of GBX 2.46 and a two-hundred day moving average price of GBX 1.52.
About SIMEC Atlantis Energy
SIMEC Atlantis Energy Limited engages in the design, construction, installation, testing, operation, and maintenance of power projects in the United Kingdom and Japan. The company operates through three segments: Power Generation, Turbine and Engineering Service, and Project Development. It is involved in the tidal power generation; designs, supply, and maintenance of tidal turbines; and hydro development services.
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