ADM Energy (LON:ADME) Stock Price Down 14.3% – Here’s Why

ADM Energy plc (LON:ADME) fell 14.3% on Tuesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. 1,018,181 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 3,692,642 shares. The stock had previously closed at GBX 0.04.

ADM Energy Trading Down 14.3%

The firm has a market capitalization of £766,782.00, a P/E ratio of 3.00 and a beta of 0.10. The company has a quick ratio of 0.16, a current ratio of 0.01 and a debt-to-equity ratio of -23.88. The firm has a 50 day moving average of GBX 0.05 and a 200-day moving average of GBX 0.05.

ADM Energy (LON:ADME) last posted its quarterly earnings data on Monday, February 9th. The company reported GBX 0.01 EPS for the quarter. ADM Energy had a negative return on equity of 583.57% and a negative net margin of 320.54%. On average, equities research analysts predict that ADM Energy plc will post -69.9999984 earnings per share 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. 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.