Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) dropped 4.9% during mid-day trading on Tuesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.55 ($0.02). Approximately 2,541,421 shares changed hands during trading, an increase of 46% from the average daily volume of 1,741,067 shares. The stock had previously closed at GBX 1.63 ($0.02).
SIMEC Atlantis Energy Stock Performance
The firm has a 50 day simple moving average of GBX 1.89 and a 200-day simple moving average of GBX 1.84. The company has a debt-to-equity ratio of 143.38, a current ratio of 0.64 and a quick ratio of 0.35. The company has a market cap of £11.49 million, a price-to-earnings ratio of 39.83 and a beta of 1.41.
About SIMEC Atlantis Energy
SIMEC Atlantis Energy Limited engages in the design, construction, installation, testing, operation, and maintenance of power projects in the United Kingdom and Japan. The company operates through three segments: Power Generation, Turbine and Engineering Service, and Project Development. It is involved in the tidal power generation; designs, supply, and maintenance of tidal turbines; and hydro development services.
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