ADM Energy (LON:ADME) Reaches New 1-Year Low – Time to Sell?

ADM Energy plc (LON:ADME) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 154489 shares changing hands. The stock had previously closed at GBX 0.03.

ADM Energy Stock Performance

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 firm has a market capitalization of £638,985.00, a price-to-earnings ratio of 2.50 and a beta of 0.10. The firm’s 50-day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05.

ADM Energy (LON:ADME) last announced its quarterly earnings results on Monday, February 9th. The company reported GBX 0.01 earnings per share (EPS) for the quarter. ADM Energy had a negative net margin of 320.54% and a negative return on equity of 583.57%. On average, equities analysts predict that ADM Energy plc will post -69.9999984 earnings per share for the current fiscal year.

ADM Energy Company Profile

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.