ADM Energy (LON:ADME) Hits New 1-Year Low – Here’s What Happened

Shares of ADM Energy plc (LON:ADME) hit a new 52-week low on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 4350267 shares changing hands. The stock had previously closed at GBX 0.03.

ADM Energy Price Performance

The company has a debt-to-equity ratio of -23.88, a quick ratio of 0.16 and a current ratio of 0.01. The firm’s 50-day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05. The firm has a market capitalization of £638,985.00, a PE ratio of 2.50 and a beta of 0.10.

ADM Energy (LON:ADME) last posted its earnings results on Monday, February 9th. The company reported GBX 0.01 earnings per share for the quarter. ADM Energy had a negative net margin of 320.54% and a negative return on equity of 583.57%. As a group, research analysts forecast that ADM Energy plc will post -69.9999984 earnings per share for the current fiscal year.

ADM Energy Company Profile

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. The company was formerly known as MX Oil plc and changed its name to ADM Energy plc in June 2019. ADM Energy plc was incorporated in 2004 and is based in London, the United Kingdom.