ADM Energy (LON:ADME) Sets New 1-Year Low – Here’s Why

ADM Energy plc (LON:ADME) shares hit a new 52-week low on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 1467503 shares. The stock had previously closed at GBX 0.03.

ADM Energy Stock Performance

The stock has a market cap of £1.20 million, a PE ratio of 2.50 and a beta of 0.50. The business has a 50 day moving average of GBX 0.02 and a 200-day moving average of GBX 0.04. The company has a current ratio of 0.01, a quick ratio of 0.16 and a debt-to-equity ratio of -23.88.

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.