ADM Energy (LON:ADME) Sets New 12-Month Low – Time to Sell?

Shares of ADM Energy plc (LON:ADME) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.18 ($0.00), with a volume of 652601 shares changing hands. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Price Performance

The firm has a market cap of £1.16 million, a PE ratio of -18.40 and a beta of 1.01. The company has a current ratio of 0.14, a quick ratio of 0.16 and a debt-to-equity ratio of 10.23. The company has a 50 day moving average price of GBX 0.37 and a 200 day moving average price of GBX 0.39.

ADM Energy (LON:ADME) last posted its earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. On average, sell-side analysts expect that ADM Energy plc will post -69.9999984 EPS for the current year.

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 metals, minerals, and oil and gas projects.