Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) fell 12.4% on Monday . The stock traded as low as GBX 2.05 ($0.03) and last traded at GBX 2.10 ($0.03). 1,653,240 shares changed hands during trading, an increase of 60% from the average session volume of 1,035,396 shares. The stock had previously closed at GBX 2.40 ($0.03).
SIMEC Atlantis Energy Trading Down 12.4 %
The business has a fifty day moving average of GBX 2.14 and a 200-day moving average of GBX 1.99. The stock has a market capitalization of £14.62 million, a price-to-earnings ratio of 0.99 and a beta of 1.41. The company has a debt-to-equity ratio of 149.26, a current ratio of 0.64 and a quick ratio of 0.35.
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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