SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) shares rose 1.3% on Monday . The company traded as high as GBX 2.35 ($0.03) and last traded at GBX 2.34 ($0.03). Approximately 678,550 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 999,191 shares. The stock had previously closed at GBX 2.31 ($0.03).
SIMEC Atlantis Energy Price Performance
The firm’s 50 day simple moving average is GBX 2.20 and its 200-day simple moving average is GBX 1.99. The company has a market cap of £15.99 million, a price-to-earnings ratio of 1.08 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.
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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