ADM Energy (LON:ADME) Sets New 52-Week Low – Here’s Why

ADM Energy plc (LON:ADMEGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00), with a volume of 70000 shares changing hands. The stock had previously closed at GBX 0.23 ($0.00).

ADM Energy Price Performance

The stock has a 50 day moving average of GBX 0.38 and a 200-day moving average of GBX 0.39. 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 company has a market cap of £1.26 million, a PE ratio of -20.00 and a beta of 1.01.

ADM Energy Company Profile

(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.

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