SIMEC Atlantis Energy (LON:SAE) Trading Down 8.1% – Time to Sell?

SIMEC Atlantis Energy Limited (LON:SAEGet Free Report) shares traded down 8.1% during mid-day trading on Friday . The stock traded as low as GBX 1.68 ($0.02) and last traded at GBX 1.70 ($0.02). 330,329 shares traded hands during trading, an increase of 19% from the average session volume of 276,556 shares. The stock had previously closed at GBX 1.85 ($0.02).

SIMEC Atlantis Energy Trading Down 8.1 %

The company has a debt-to-equity ratio of 143.38, a current ratio of 0.64 and a quick ratio of 0.35. The stock has a market cap of £12.29 million, a price-to-earnings ratio of 42.50 and a beta of 1.41. The company’s fifty day moving average price is GBX 1.78 and its 200-day moving average price is GBX 2.03.

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.

Further Reading

Receive News & Ratings for SIMEC Atlantis Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SIMEC Atlantis Energy and related companies with MarketBeat.com's FREE daily email newsletter.