SIMEC Atlantis Energy (LON:SAE) Shares Down 2.7% – What’s Next?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) shares traded down 2.7% on Monday . The company traded as low as GBX 1.76 ($0.02) and last traded at GBX 1.80 ($0.02). 198,736 shares traded hands during trading, a decline of 88% from the average session volume of 1,682,258 shares. The stock had previously closed at GBX 1.85 ($0.02).

SIMEC Atlantis Energy Price Performance

The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 143.38. The stock has a market cap of £13.41 million, a PE ratio of 46.38 and a beta of 1.41. The company’s 50 day moving average is GBX 1.77 and its 200-day moving average is GBX 1.98.

SIMEC Atlantis Energy Company Profile

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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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