ADM Energy (LON:ADME) Shares Down 13.7% – Here’s Why

ADM Energy plc (LON:ADME) shares were down 13.7% on Thursday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 666,184 shares traded hands during trading, an increase of 28% from the average daily volume of 521,860 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Price Performance

The company has a market cap of £948,074.96, a PE ratio of -0.18 and a beta of 1.01. The firm’s 50-day moving average is GBX 0.20 and its 200-day moving average is GBX 0.35. The company has a quick ratio of 0.16, a current ratio of 0.01 and a debt-to-equity ratio of -23.88.

ADM Energy (LON:ADME) last posted its earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. ADM Energy had a negative return on equity of 69.57% and a negative net margin of 320.54%. On average, equities analysts anticipate 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.