ADM Energy (LON:ADME) Stock Price Up 6.2% – What’s Next?

ADM Energy plc (LON:ADME)’s share price traded up 6.2% during trading on Wednesday . The stock traded as high as GBX 0.43 ($0.01) and last traded at GBX 0.43 ($0.01). 1,119,125 shares were traded during trading, an increase of 71% from the average session volume of 653,862 shares. The stock had previously closed at GBX 0.40 ($0.01).

ADM Energy Price Performance

The stock has a market capitalization of £2.67 million, a P/E ratio of -42.50 and a beta of 1.01. The business’s 50 day moving average price is GBX 0.43 and its 200 day moving average price is GBX 0.39. The company has a debt-to-equity ratio of 10.23, a current ratio of 0.14 and a quick ratio of 0.16.

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.