SIMEC Atlantis Energy (LON:SAE) Stock Price Up 13.7% – Should You Buy?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report)’s share price was up 13.7% during trading on Monday . The stock traded as high as GBX 2.29 ($0.03) and last traded at GBX 2.27 ($0.03). Approximately 455,867 shares were traded during trading, a decline of 71% from the average daily volume of 1,585,343 shares. The stock had previously closed at GBX 2 ($0.02).

SIMEC Atlantis Energy Price Performance

The firm has a fifty day moving average of GBX 1.89 and a two-hundred day moving average of GBX 2.08. The stock has a market capitalization of £16.44 million, a P/E ratio of 56.85 and a beta of 1.41. The company has a debt-to-equity ratio of 143.38, a current ratio of 0.64 and a quick ratio of 0.35.

SIMEC Atlantis Energy Company Profile

(Get Free Report)

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.

Further Reading

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