ADM Energy (LON:ADME) Trading Down 20% – Here’s What Happened

ADM Energy plc (LON:ADME) shares fell 20% on Wednesday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.20 ($0.00). 34,808,637 shares were traded during trading, an increase of 6,570% from the average session volume of 521,860 shares. The stock had previously closed at GBX 0.25 ($0.00).

ADM Energy Stock Down 20.0 %

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 company has a market cap of £1.26 million, a P/E ratio of -0.24 and a beta of 1.01. The business’s fifty day moving average is GBX 0.20 and its two-hundred day moving average is GBX 0.36.

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 net margin of 320.54% and a negative return on equity of 69.57%. Equities 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.