Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) were up 7.7% on Monday . The stock traded as high as GBX 2.18 ($0.03) and last traded at GBX 2.18 ($0.03). Approximately 385,665 shares changed hands during trading, a decline of 62% from the average daily volume of 1,019,855 shares. The stock had previously closed at GBX 2.03 ($0.03).
SIMEC Atlantis Energy Stock Up 7.7 %
The company has a debt-to-equity ratio of 149.26, a current ratio of 0.64 and a quick ratio of 0.35. The company has a market capitalization of £15.16 million, a price-to-earnings ratio of 1.03 and a beta of 1.41. The firm has a 50-day moving average price of GBX 2.09 and a two-hundred day moving average price of GBX 2.02.
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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