ADM Energy (LON:ADME) Shares Down 14.3% – What’s Next?

ADM Energy plc (LON:ADME) dropped 14.3% during trading on Wednesday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). Approximately 17,799 shares changed hands during trading, a decline of 97% from the average daily volume of 521,860 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Stock Down 14.3 %

The company has a current ratio of 0.01, a quick ratio of 0.16 and a debt-to-equity ratio of -23.88. The company has a market cap of £941,796.32, a price-to-earnings ratio of -0.18 and a beta of 1.01. The firm’s fifty day simple moving average is GBX 0.28 and its 200 day simple moving average is GBX 0.37.

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