Atome (LON:ATOM) Trading Down 3% – Should You Sell?

Atome Plc (LON:ATOM)’s stock price traded down 3% during trading on Friday . The stock traded as low as GBX 47.06 ($0.59) and last traded at GBX 47.06 ($0.59). 30,196 shares changed hands during trading, a decline of 60% from the average session volume of 75,402 shares. The stock had previously closed at GBX 48.50 ($0.61).

Atome Trading Down 3.0 %

The company has a market capitalization of £21.14 million, a PE ratio of -392.17 and a beta of 0.23. The company has a debt-to-equity ratio of 20.00, a quick ratio of 5.80 and a current ratio of 0.39. The business has a fifty day moving average price of GBX 54.88 and a 200 day moving average price of GBX 66.64.

Insider Activity at Atome

In related news, insider Richard Joseph Day purchased 17,000 shares of Atome stock in a transaction that occurred on Wednesday, October 9th. The shares were purchased at an average cost of GBX 75 ($0.94) per share, with a total value of £12,750 ($16,043.79). Also, insider Peter M. Levine sold 900,000 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of GBX 75 ($0.94), for a total value of £675,000 ($849,377.12). 63.05% of the stock is currently owned by insiders.

Atome Company Profile

Atome Plc engages in producing, marketing, and distributing green hydrogen and ammonia. The company was formerly known as ATOME Energy PLC and changed its name to Atome Plc in February 2024. Atome Plc was incorporated in 2021 and is based in Leeds, the United Kingdom.