Atome (LON:ATOM) Trading Down 7.4% – Here’s What Happened

Atome Plc (LON:ATOM) shares fell 7.4% during trading on Monday . The company traded as low as GBX 55.21 and last traded at GBX 59.88. 247,071 shares changed hands during trading, an increase of 13% from the average session volume of 217,791 shares. The stock had previously closed at GBX 64.70.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus restated a “buy” rating and set a GBX 130 target price on shares of Atome in a report on Thursday, October 30th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 135.

Atome Stock Performance

The company has a market capitalization of £30.52 million, a P/E ratio of -3.98 and a beta of 0.23. The company’s 50 day moving average is GBX 52.31 and its 200-day moving average is GBX 54.89. The company has a current ratio of 0.39, a quick ratio of 5.80 and a debt-to-equity ratio of 20.00.

Atome Company Profile

ATOME PLC is the first green fertiliser production company listed on the UK market with large-scale production planned in Paraguay and Costa Rica, targeting the fast-growing global demand for green products.