Atome (LON:ATOM) Stock Price Down 3% – Time to Sell?

Atome Plc (LON:ATOM) dropped 3% during trading on Friday . The company traded as low as GBX 47.06 ($0.59) and last traded at GBX 47.06 ($0.59). Approximately 30,196 shares were traded during trading, a decline of 60% from the average daily volume of 75,402 shares. The stock had previously closed at GBX 48.50 ($0.61).

Atome Stock Down 3.0 %

The stock’s 50 day simple moving average is GBX 54.88 and its 200 day simple moving average is GBX 66.64. The stock has a market capitalization of £21.14 million, a P/E ratio of -392.17 and a beta of 0.23. The company has a current ratio of 0.39, a quick ratio of 5.80 and a debt-to-equity ratio of 20.00.

Insider Transactions at Atome

In other Atome news, insider Richard Joseph Day purchased 17,000 shares of Atome stock in a transaction dated Wednesday, October 9th. The shares were bought at an average cost of GBX 75 ($0.94) per share, for a total transaction of £12,750 ($16,043.79). Also, insider Mary-Rose de Valladares purchased 24,000 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was acquired at an average cost of GBX 75 ($0.94) per share, with a total value of £18,000 ($22,650.06). Corporate insiders own 63.05% of the company’s stock.

Atome Company Profile

Atome Plc engages in producing, marketing, and distributing green hydrogen and ammonia. The company was formerly known as ATOME Energy PLC and changed its name to Atome Plc in February 2024. Atome Plc was incorporated in 2021 and is based in Leeds, the United Kingdom.