AMTE Power (LON:AMTE) Shares Down 7.9%

AMTE Power plc (LON:AMTEGet Free Report) shares fell 7.9% during mid-day trading on Thursday . The company traded as low as GBX 0.85 ($0.01) and last traded at GBX 0.88 ($0.01). 11,579,817 shares traded hands during mid-day trading, an increase of 131% from the average session volume of 5,002,373 shares. The stock had previously closed at GBX 0.95 ($0.01).

AMTE Power Price Performance

The company has a debt-to-equity ratio of 72.91, a current ratio of 1.08 and a quick ratio of 1.56. The stock’s fifty day moving average is GBX 0.89 and its 200-day moving average is GBX 3.27. The stock has a market cap of £2.15 million, a PE ratio of -4.61 and a beta of 1.55.

About AMTE Power

(Get Free Report)

AMTE Power plc, together with its subsidiaries, develops and manufactures lithium-ion battery cells for specialist markets primarily in the United Kingdom. The company's products include Ultra High Power, a battery cell to automotive sectors of high-performance electric vehicles, hybrid vehicles, and fuel cell electric vehicles; Ultra Prime, a non-rechargeable cell designed for use for the for applications where temperature, access and depth are key considerations; Ultra Safe, a sodium-ion cell battery energy storage for renewable power, including for residential use and in remote locations without grid access; and Ultra Energy, which is available in cylindrical cell format for the energy needs of the market.

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