SIMEC Atlantis Energy (LON:SAE) Stock Price Up 3.7% – Time to Buy?

Shares of SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) traded up 3.7% on Tuesday . The stock traded as high as GBX 2.80 and last traded at GBX 2.80. 2,087,689 shares traded hands 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 company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 149.26. The company has a 50 day simple moving average of GBX 2.80 and a 200 day simple moving average of GBX 2.67. The stock has a market cap of £19.47 million, a P/E ratio of 1.32 and a beta of 1.41.

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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