ADM Energy (LON:ADME) Reaches New 1-Year Low – Should You Sell?

ADM Energy plc (LON:ADMEGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 191544 shares. The stock had previously closed at GBX 0.02.

ADM Energy Price Performance

The company’s 50-day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.04. 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 stock has a market capitalization of £1.20 million, a price-to-earnings ratio of 2.50 and a beta of 0.56.

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. 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.

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