Shares of ADM Energy plc (LON:ADME – Get Rating) traded down 6.9% during mid-day trading on Thursday . The company traded as low as GBX 0.68 ($0.01) and last traded at GBX 0.68 ($0.01). 1,752,759 shares traded hands during trading, an increase of 464% from the average session volume of 310,914 shares. The stock had previously closed at GBX 0.73 ($0.01).
ADM Energy Price Performance
The company has a current ratio of 0.18, a quick ratio of 0.16 and a debt-to-equity ratio of 4.45. The stock has a market capitalization of £2.01 million, a P/E ratio of -67.50 and a beta of 2.52. The stock has a 50 day moving average of GBX 0.75 and a 200-day moving average of GBX 0.69.
About ADM Energy
ADM Energy plc operates as a natural resource investment company. The company has interests in OML 113, an offshore license that covers an area of 835 square kilometers; and OML 141, an oil mining license covering an area of 1,295 square kilometers located in Nigeria. It also invests in minerals, metals, and oil and gas projects.
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