SIMEC Atlantis Energy (LON:SAE) Shares Up 5.3% – Should You Buy?

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

SIMEC Atlantis Energy Stock Performance

The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 143.38. The business has a 50 day moving average price of GBX 1.79 and a two-hundred day moving average price of GBX 2.05. The stock has a market cap of £13.01 million, a P/E ratio of 45.00 and a beta of 1.41.

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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