Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) shot up 17.6% during mid-day trading on Thursday . The company traded as high as GBX 1 ($0.01) and last traded at GBX 1 ($0.01). 364,877 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 786,880 shares. The stock had previously closed at GBX 0.85 ($0.01).
SIMEC Atlantis Energy Stock Performance
The company has a market cap of £6.51 million, a price-to-earnings ratio of 90.00 and a beta of 1.40. The business’s 50 day moving average price is GBX 0.86 and its 200-day moving average price is GBX 1.05. The company has a debt-to-equity ratio of 533.60, a quick ratio of 0.35 and a current ratio of 0.46.
About SIMEC Atlantis Energy
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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