ADM Energy (LON:ADME) Stock Price Up 14.3% – Here’s What Happened

ADM Energy plc (LON:ADME) shares rose 14.3% during trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 800,000 shares traded hands during mid-day trading, an increase of 58% from the average daily volume of 505,508 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Price Performance

The company has a debt-to-equity ratio of 10.23, a quick ratio of 0.16 and a current ratio of 0.14. The firm has a fifty day moving average price of GBX 0.34 and a 200 day moving average price of GBX 0.38. The firm has a market capitalization of £942,000.00, a price-to-earnings ratio of -15.00 and a beta of 1.01.

ADM Energy (LON:ADME) last posted its quarterly earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) EPS for the quarter. As a group, sell-side analysts expect that ADM Energy plc will post -69.9999984 EPS 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.