ADM Energy (LON:ADME) Hits New 52-Week Low – Time to Sell?

ADM Energy plc (LON:ADMEGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 15913603 shares traded. The stock had previously closed at GBX 0.03.

ADM Energy Price Performance

The stock has a market cap of £961,188.00, a PE ratio of 2.00 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. The firm’s 50 day moving average price is GBX 0.03 and its two-hundred day moving average price 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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