ADM Energy (LON:ADME) Hits New 1-Year Low – Time to Sell?

ADM Energy plc (LON:ADME)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 15171 shares traded. The stock had previously closed at GBX 0.03.

ADM Energy Stock Down 20.0%

The firm has a market cap of £511,188.00, a PE ratio of 2.00 and a beta of 0.10. The company has a debt-to-equity ratio of -23.88, a current ratio of 0.01 and a quick ratio of 0.16. The business has a fifty day moving average price of GBX 0.04 and a two-hundred day moving average price of GBX 0.05.

ADM Energy (LON:ADME) last announced its quarterly earnings data on Monday, February 9th. The company reported GBX 0.01 earnings per share (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, analysts anticipate that ADM Energy plc will post -69.9999984 EPS 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.