SIMEC Atlantis Energy (LON:SAE) Trading Down 8.1% – Time to Sell?

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

SIMEC Atlantis Energy Price Performance

The firm has a market capitalization of £12.29 million, a P/E ratio of 42.50 and a beta of 1.41. The company has a debt-to-equity ratio of 143.38, a current ratio of 0.64 and a quick ratio of 0.35. The stock’s fifty day simple moving average is GBX 1.78 and its 200 day simple moving average is GBX 2.03.

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

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