ADM Energy (LON:ADME) Reaches New 1-Year Low – Here’s Why

ADM Energy plc (LON:ADME)’s share price hit a new 52-week low on Wednesday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 15146619 shares traded. The stock had previously closed at GBX 0.03.

ADM Energy Stock Performance

The company has a debt-to-equity ratio of -23.88, a quick ratio of 0.16 and a current ratio of 0.01. The stock has a fifty day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.04. The stock has a market capitalization of £766,782.00, a price-to-earnings ratio of 3.00 and a beta of 0.10.

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.