Atome (LON:ATOM) Stock Price Down 2.4% – Here’s Why

Atome Plc (LON:ATOM)’s share price fell 2.4% on Friday . The company traded as low as GBX 60.26 ($0.78) and last traded at GBX 60.50 ($0.79). Approximately 110,663 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 60,866 shares. The stock had previously closed at GBX 62 ($0.81).

Atome Price Performance

The company has a 50 day simple moving average of GBX 74.28 and a 200 day simple moving average of GBX 67.80. The company has a market capitalization of £27.18 million, a price-to-earnings ratio of -504.17 and a beta of 0.23. The company has a quick ratio of 5.80, a current ratio of 0.39 and a debt-to-equity ratio of 20.00.

Insider Activity at Atome

In related news, insider Peter M. Levine sold 900,000 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of GBX 75 ($0.98), for a total transaction of £675,000 ($878,677.43). In related news, insider Peter M. Levine sold 900,000 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of GBX 75 ($0.98), for a total transaction of £675,000 ($878,677.43). Also, insider Richard Joseph Day purchased 17,000 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average price of GBX 75 ($0.98) per share, for a total transaction of £12,750 ($16,597.24). 63.05% of the stock is currently owned by insiders.

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.