Atome (LON:ATOM) Shares Down 13% – Here’s Why

Atome Plc (LON:ATOM – Get Free Report)’s stock price dropped 13% during trading on Thursday. The stock traded as low as GBX 11 and last traded at GBX 13. Approximately 1,208,925 shares changed hands during trading, an increase of 210% from the average daily volume of 389,435 shares. The stock had previously closed at GBX 14.95.

Atome Price Performance

The business has a 50-day simple moving average of GBX 23.21 and a two-hundred day simple moving average of GBX 43.93. The company has a quick ratio of 5.80, a current ratio of 1.64 and a debt-to-equity ratio of 19.73. The stock has a market capitalization of £12.47 million, a price-to-earnings ratio of -0.86 and a beta of 0.52.

Atome Company Profile

(Get Free Report)

ATOME PLC is the first green fertiliser production company listed on the UK market with large-scale production planned in Paraguay and Costa Rica, targeting the fast-growing global demand for green products.

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