ADM Energy plc (LON:ADME – Get Free Report) dropped 9.1% on Friday . The stock traded as low as GBX 0.22 ($0.00) and last traded at GBX 0.25 ($0.00). Approximately 2,215,281 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 1,887,895 shares. The stock had previously closed at GBX 0.28 ($0.00).
ADM Energy Stock Performance
The business’s 50 day simple moving average is GBX 0.42 and its 200-day simple moving average is GBX 0.40. 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 capitalization of £1.57 million, a P/E ratio of -25.00 and a beta of 1.01.
About ADM Energy
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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