SIMEC Atlantis Energy (LON:SAE) Shares Down 14.3%

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report)’s share price was down 14.3% on Thursday . The company traded as low as GBX 1.70 ($0.02) and last traded at GBX 1.72 ($0.02). Approximately 4,714,568 shares changed hands during mid-day trading, an increase of 199% from the average daily volume of 1,576,114 shares. The stock had previously closed at GBX 2 ($0.03).

SIMEC Atlantis Energy Stock Down 10.0 %

The firm’s 50-day simple moving average is GBX 0.96 and its 200 day simple moving average is GBX 1.06. The company has a debt-to-equity ratio of 533.60, a quick ratio of 0.35 and a current ratio of 0.46. The stock has a market capitalization of £13.01 million, a P/E ratio of 200.00 and a beta of 1.43.

SIMEC Atlantis Energy Company Profile

(Get Free Report)

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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