ADM Energy (LON:ADME) Trading Down 9.5% – What’s Next?

ADM Energy plc (LON:ADME) shares were down 9.5% during mid-day trading on Monday . The stock traded as low as GBX 0.19 ($0.00) and last traded at GBX 0.19 ($0.00). Approximately 921,318 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 560,131 shares. The stock had previously closed at GBX 0.21 ($0.00).

ADM Energy Stock Performance

The stock has a market cap of £998,297.40, a price-to-earnings ratio of -15.90 and a beta of 1.01. The company’s 50-day simple moving average is GBX 0.37 and its 200-day simple moving average is GBX 0.39. The company has a quick ratio of 0.16, a current ratio of 0.14 and a debt-to-equity ratio of 10.23.

ADM Energy (LON:ADME) last issued its quarterly earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) EPS for the quarter. Analysts predict that ADM Energy plc will post -69.9999984 EPS for the current fiscal year.

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.