Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) rose 3.7% on Wednesday . The stock traded as high as GBX 2.80 and last traded at GBX 2.80. Approximately 2,087,689 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 1,447,774 shares. The stock had previously closed at GBX 2.70.
SIMEC Atlantis Energy Price Performance
The firm has a market capitalization of £19.47 million, a price-to-earnings ratio of 1.32 and a beta of 1.41. The company has a fifty day moving average price of GBX 2.80 and a two-hundred day moving average price of GBX 2.80. The company has a quick ratio of 0.35, a current ratio of 1.13 and a debt-to-equity ratio of 382.88.
About SIMEC Atlantis Energy
SAE Renewables is a global developer, owner and operator of sustainable energy projects. SAE owns the world’s flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK’s largest battery energy storage projects. https://www.saerenewables.com/
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