ADM Energy (LON:ADME) Hits New 1-Year Low – What’s Next?

ADM Energy plc (LON:ADMEGet Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 15146619 shares trading hands. 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 firm has a market cap of £715,663.20, a price-to-earnings ratio of 2.80 and a beta of 0.56. The company’s fifty day moving average is GBX 0.03 and its two-hundred day moving average is GBX 0.04.

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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