SIMEC Atlantis Energy (LON:SAE) Shares Up 3.7% – Here’s What Happened

SIMEC Atlantis Energy Limited (LON:SAE – Get Free Report)’s share price traded up 3.7% during mid-day trading on Wednesday. The company traded as high as GBX 2.80 and last traded at GBX 2.80. 2,087,689 shares traded hands 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 Up 3.7%

The stock has a market capitalization of £19.47 million, a PE ratio of 1.32 and a beta of 1.41. The firm has a 50 day moving average of GBX 2.80 and a two-hundred day moving average of GBX 2.80. The company has a current ratio of 1.12, a quick ratio of 0.34 and a debt-to-equity ratio of 272.24.

SIMEC Atlantis Energy Company Profile

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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/

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