SIMEC Atlantis Energy (LON:SAE) Trading Up 3.7% – Here’s Why

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) was 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 were traded during trading, an increase of 44% from the average session volume of 1,447,774 shares. The stock had previously closed at GBX 2.70.

SIMEC Atlantis Energy Price Performance

The stock has a market cap of £19.47 million, a P/E ratio of 1.32 and a beta of 1.41. The company has a quick ratio of 0.34, a current ratio of 1.12 and a debt-to-equity ratio of 272.24. The business’s 50-day simple moving average is GBX 2.80 and its two-hundred day simple moving average is GBX 2.80.

SIMEC Atlantis Energy Company Profile

(Get Free Report)

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/

Further Reading

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