ADM Energy (LON:ADME) Hits New 52-Week Low – What’s Next?

ADM Energy plc (LON:ADMEGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 191544 shares trading hands. The stock had previously closed at GBX 0.02.

ADM Energy Stock Up 8.7%

The company has a current ratio of 0.01, a quick ratio of 0.16 and a debt-to-equity ratio of -23.88. The stock has a market capitalization of £1.20 million, a PE ratio of 2.50 and a beta of 0.56. The stock’s fifty day simple moving average is GBX 0.03 and its 200-day simple moving average is GBX 0.04.

ADM Energy Company Profile

(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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