SIMEC Atlantis Energy (LON:SAE) Stock Price Up 10%

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) rose 10% during trading on Wednesday . The company traded as high as GBX 0.85 ($0.01) and last traded at GBX 0.83 ($0.01). Approximately 930,239 shares were traded during trading, an increase of 10% from the average daily volume of 848,516 shares. The stock had previously closed at GBX 0.75 ($0.01).

SIMEC Atlantis Energy Trading Up 10.0 %

The business’s 50-day moving average price is GBX 0.85 and its 200 day moving average price is GBX 1.06. The company has a debt-to-equity ratio of 533.60, a current ratio of 0.46 and a quick ratio of 0.35. The firm has a market capitalization of £5.96 million, a price-to-earnings ratio of 82.50 and a beta of 1.40.

About SIMEC Atlantis Energy

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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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