Andalas Energy and Power (LON:ADL) Shares Up 21.2%

Andalas Energy and Power PLC (LON:ADL)’s stock price rose 21.2% during trading on Thursday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). Approximately 820,000 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 8,958,494 shares. The stock had previously closed at GBX 0.17 ($0.00).

The company has a market cap of £3.12 million and a P/E ratio of -0.40. The stock has a fifty day simple moving average of GBX 0.20.

Andalas Energy and Power Company Profile (LON:ADL)

Andalas Energy and Power PLC generates power from gas in Indonesia. It also explores for and produces oil and gas. The company was formerly known as CEB Resources PLC and changed its name to Andalas Energy and Power PLC in December 2015. Andalas Energy and Power PLC was incorporated in 2006 and is based in Douglas, Isle of Man.

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