ADM Energy plc (LON:ADME – Get Free Report) dropped 10% during trading on Wednesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 9,507,888 shares traded hands during mid-day trading, an increase of 136% from the average daily volume of 4,028,572 shares. The stock had previously closed at GBX 0.03.
ADM Energy Stock Down 10.0%
The business has a fifty day moving average of GBX 0.03 and a 200 day moving average of GBX 0.04. The stock has a market cap of £690,103.80, a price-to-earnings ratio of 2.70 and a beta of 0.56. The company has a debt-to-equity ratio of -23.88, a current ratio of 0.01 and a quick ratio of 0.16.
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. 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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