ADM Energy (LON:ADME) Reaches New 52-Week Low – Should You Sell?

ADM Energy plc (LON:ADMEGet Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 99441555 shares. The stock had previously closed at GBX 0.03.

ADM Energy Price Performance

The company has a debt-to-equity ratio of -23.88, a quick ratio of 0.16 and a current ratio of 0.01. The company has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.04. The company has a market capitalization of £511,000.00, a price-to-earnings ratio of 2.00 and a beta of 0.10.

About ADM Energy

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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 metals, minerals, and oil and gas projects. The company was formerly known as MX Oil plc and changed its name to ADM Energy plc in June 2019. ADM Energy plc was incorporated in 2004 and is based in London, the United Kingdom.

Further Reading

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