SIMEC Atlantis Energy (LON:SAE) Trading 8.3% Higher – Still a Buy?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) shares were up 8.3% during mid-day trading on Monday . The stock traded as high as GBX 1.77 ($0.02) and last traded at GBX 1.77 ($0.02). Approximately 2,832 shares were traded during trading, a decline of 100% from the average daily volume of 1,729,785 shares. The stock had previously closed at GBX 1.63 ($0.02).

SIMEC Atlantis Energy Stock Performance

The firm has a market cap of £11.93 million, a P/E ratio of 43.75 and a beta of 1.41. The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 143.38. The firm has a fifty day moving average of GBX 1.91 and a 200-day moving average of GBX 1.83.

About SIMEC Atlantis Energy

(Get Free Report)

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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