SIMEC Atlantis Energy (LON:SAE) Trading Down 8.1% – Should You Sell?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) dropped 8.1% on Friday . The stock traded as low as GBX 1.68 ($0.02) and last traded at GBX 1.70 ($0.02). Approximately 330,329 shares changed hands during mid-day trading, an increase of 19% from the average daily volume of 276,556 shares. The stock had previously closed at GBX 1.85 ($0.02).

SIMEC Atlantis Energy Price Performance

The stock has a market capitalization of £13.01 million, a P/E ratio of 45.00 and a beta of 1.41. The stock has a 50 day moving average of GBX 1.79 and a 200-day moving average of GBX 2.04. The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 143.38.

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.

Further Reading

Receive News & Ratings for SIMEC Atlantis Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIMEC Atlantis Energy and related companies with MarketBeat.com's FREE daily email newsletter.