ADM Energy (LON:ADME) Stock Price Down 11.1% – Here’s What Happened

ADM Energy plc (LON:ADME) was down 11.1% during trading on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 1,025 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 678,806 shares. The stock had previously closed at GBX 0.23 ($0.00).

ADM Energy Stock Down 11.1 %

The business has a 50 day simple moving average of GBX 0.39 and a 200 day simple moving average of GBX 0.39. The company has a debt-to-equity ratio of 10.23, a current ratio of 0.14 and a quick ratio of 0.16. The stock has a market cap of £1.26 million, a PE ratio of -20.00 and a beta of 1.01.

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.