SIMEC Atlantis Energy (LON:SAE) Shares Up 5.3% – What’s Next?

Shares of SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) were up 5.3% during mid-day trading on Monday . The company traded as high as GBX 1.90 ($0.02) and last traded at GBX 1.90 ($0.02). Approximately 500,482 shares changed hands during trading, a decline of 6% from the average daily volume of 533,954 shares. The stock had previously closed at GBX 1.80 ($0.02).

SIMEC Atlantis Energy Price Performance

The firm has a 50 day moving average price of GBX 1.79 and a 200 day moving average price of GBX 2.05. The stock has a market capitalization of £13.01 million, a PE ratio of 45.00 and a beta of 1.41. The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 143.38.

About SIMEC Atlantis Energy

(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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