ADM Energy (LON:ADME) Trading 21.2% Higher – What’s Next?

Shares of ADM Energy plc (LON:ADME) traded up 21.2% on Thursday . The company traded as high as GBX 0.04 and last traded at GBX 0.04. 17,923,922 shares changed hands during trading, an increase of 53% from the average session volume of 11,710,204 shares. The stock had previously closed at GBX 0.03.

ADM Energy Price Performance

The company has a market capitalization of £656,000.00, a P/E ratio of -0.01 and a beta of 1.01. 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 company has a 50-day moving average of GBX 0.06 and a two-hundred day moving average of GBX 0.06.

ADM Energy (LON:ADME) last released its earnings results 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 69.57% and a negative net margin of 320.54%. On average, research analysts predict that ADM Energy plc will post -69.9999984 EPS 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. 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.