Armadale Capital (LON:ACP) Trading Up 17.5% – Still a Buy?

Armadale Capital Plc (LON:ACPGet Free Report) was up 17.5% during mid-day trading on Thursday . The stock traded as high as GBX 0.24 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 148,765 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 1,452,566 shares. The stock had previously closed at GBX 0.20 ($0.00).

Armadale Capital Price Performance

The company has a debt-to-equity ratio of 11.23, a quick ratio of 41.47 and a current ratio of 0.74. The firm has a market capitalization of £1.32 million, a PE ratio of -20.00 and a beta of 1.14. The company’s 50 day simple moving average is GBX 0.29 and its 200-day simple moving average is GBX 0.52.

Armadale Capital Company Profile

(Get Free Report)

Armadale Capital Plc, an investment company, focuses on natural resources projects in Africa. It holds 100% interest in the Mahenge Liandu Graphite project located in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013. Armadale Capital Plc was incorporated in 2005 and is headquartered in Esher, the United Kingdom.

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