Advance Energy (LON:ADV) Shares Up 110.8% – Still a Buy?

Advance Energy Plc (LON:ADVGet Free Report)’s share price shot up 110.8% during mid-day trading on Tuesday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). 412,482,844 shares were traded during trading, an increase of 1,434% from the average session volume of 26,896,885 shares. The stock had previously closed at GBX 0.08 ($0.00).

Advance Energy Stock Performance

The stock has a market capitalization of £2.67 million and a P/E ratio of -0.29. The business has a fifty day simple moving average of GBX 0.17 and a 200-day simple moving average of GBX 0.18.

Advance Energy Company Profile

(Get Free Report)

Advance Energy Plc operates as an upstream oil and gas production company in Indonesia and internationally. It holds 50% interest in the Buffalo Oil Field located in East Timor. The company was formerly known as Andalas Energy and Power PLC and changed its name to Advance Energy Plc in February 2020.

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