SIMEC Atlantis Energy (LON:SAE) Trading 3.7% Higher – Should You Buy?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report)’s share price was up 3.7% during mid-day trading on Tuesday . The company traded as high as GBX 2.80 and last traded at GBX 2.80. Approximately 2,087,689 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 1,447,774 shares. The stock had previously closed at GBX 2.70.

SIMEC Atlantis Energy Stock Performance

The stock has a market cap of £19.47 million, a PE ratio of 1.32 and a beta of 1.41. The stock’s fifty day moving average price is GBX 2.80 and its 200 day moving average price is GBX 2.73. The company has a quick ratio of 0.35, a current ratio of 0.64 and a debt-to-equity ratio of 149.26.

About SIMEC Atlantis Energy

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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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