ADM Energy (LON:ADME) Trading 14.3% Higher – What’s Next?

ADM Energy plc (LON:ADME)’s stock price was up 14.3% during trading on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 800,000 shares were traded during trading, an increase of 58% from the average daily volume of 505,508 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Stock Up 14.3 %

The stock has a market capitalization of £1.26 million, a price-to-earnings ratio of -20.00 and a beta of 1.01. The firm has a 50-day moving average of GBX 0.35 and a 200 day moving average of GBX 0.39. The company has a current ratio of 0.14, a quick ratio of 0.16 and a debt-to-equity ratio of 10.23.

ADM Energy (LON:ADME) last posted its earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) EPS for the quarter. On average, sell-side analysts anticipate that ADM Energy plc will post -69.9999984 earnings per share for the current 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.