ADM Energy (LON:ADME) Trading Down 9.5% – Here’s What Happened

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

ADM Energy Stock Down 9.5 %

The company has a current ratio of 0.14, a quick ratio of 0.16 and a debt-to-equity ratio of 10.23. The business has a 50-day moving average price of GBX 0.38 and a 200-day moving average price of GBX 0.39. The firm has a market cap of £1.19 million, a P/E ratio of -19.00 and a beta of 1.01.

About ADM Energy

(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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