ADM Energy (LON:ADME) Trading Down 16.7% – Time to Sell?

ADM Energy plc (LON:ADME)’s stock price traded down 16.7% on Thursday . The stock traded as low as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 88,004 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 521,860 shares. The stock had previously closed at GBX 0.30 ($0.00).

ADM Energy Stock Down 16.7 %

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 company has a market cap of £1.57 million, a PE ratio of -0.30 and a beta of 1.01. The business’s 50 day moving average is GBX 0.21 and its 200-day moving average is GBX 0.36.

ADM Energy (LON:ADME) last announced its quarterly earnings data on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. ADM Energy had a negative net margin of 320.54% and a negative return on equity of 69.57%. As a group, analysts predict that ADM Energy plc will post -69.9999984 EPS for the current 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.