Shares of SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report) shot up 3.7% during trading on Wednesday . The stock traded as high as GBX 2.80 and last traded at GBX 2.80. 2,087,689 shares changed 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 Stock Up 3.7%
The firm’s 50-day moving average price is GBX 2.80 and its 200 day moving average price is GBX 2.80. The company has a current ratio of 1.13, a quick ratio of 0.34 and a debt-to-equity ratio of 382.88. The company has a market capitalization of £19.47 million, a price-to-earnings ratio of 1.32 and a beta of 1.41.
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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