ADM Energy (LON:ADME) Trading Down 33.3% – Here’s What Happened

ADM Energy plc (LON:ADMEGet Free Report) fell 33.3% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02. 1,033,333 shares were traded during trading, a decline of 74% from the average session volume of 4,028,572 shares. The stock had previously closed at GBX 0.03.

ADM Energy Stock Performance

The business’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04. 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 stock has a market cap of £638,985.00, a PE ratio of 2.50 and a beta of 0.10.

About ADM Energy

(Get Free Report)

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.

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