SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report)’s share price dropped 14.6% on Monday . The stock traded as low as GBX 2.10 ($0.03) and last traded at GBX 2.10 ($0.03). Approximately 213,723 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 967,379 shares. The stock had previously closed at GBX 2.46 ($0.03).
SIMEC Atlantis Energy Stock Performance
The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 149.26. The firm has a market capitalization of £15.31 million, a PE ratio of 1.04 and a beta of 1.41. The firm’s 50-day moving average price is GBX 2.17 and its two-hundred day moving average price is GBX 1.99.
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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