SIMEC Atlantis Energy (LON:SAE) Shares Down 6.2%

SIMEC Atlantis Energy Limited (LON:SAE) shares traded down 6.2% during trading on Thursday . The company traded as low as GBX 2 ($0.03) and last traded at GBX 2.11 ($0.03). 4,704,245 shares traded hands during trading, an increase of 157% from the average session volume of 1,832,453 shares. The stock had previously closed at GBX 2.25 ($0.03).

SIMEC Atlantis Energy Price Performance

The company has a quick ratio of 0.35, a current ratio of 0.46 and a debt-to-equity ratio of 533.60. The stock has a market capitalization of £15.25 million, a PE ratio of 211.00 and a beta of 1.43. The stock’s 50-day moving average is GBX 1.20 and its 200 day moving average is GBX 1.11.

SIMEC Atlantis Energy Company Profile

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.