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

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report)’s stock price traded up 3.7% during trading on Wednesday . The company traded as high as GBX 2.80 and last traded at GBX 2.80. 2,087,689 shares were traded during mid-day 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 Stock Performance

The company has a market cap of £19.47 million, a P/E ratio of 1.32 and a beta of 1.41. The business has a 50 day moving average price of GBX 2.80 and a two-hundred day moving average price of GBX 2.82. The company has a debt-to-equity ratio of 149.26, a quick ratio of 0.35 and a current ratio of 0.64.

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/

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