ADM Energy (LON:ADME) Trading 14.3% Higher – Should You Buy?

ADM Energy plc (LON:ADMEGet Free Report)’s share price shot up 14.3% on Wednesday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 800,000 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 505,508 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Price Performance

The company has a quick ratio of 0.16, a current ratio of 0.14 and a debt-to-equity ratio of 10.23. The company has a 50 day simple moving average of GBX 0.35 and a 200-day simple moving average of GBX 0.39. The stock has a market cap of £1.26 million, a price-to-earnings ratio of -20.00 and a beta of 1.01.

ADM Energy (LON:ADMEGet Free Report) last posted its quarterly earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) earnings per share (EPS) for the quarter. As a group, research analysts anticipate that ADM Energy plc will post -69.9999984 EPS for the current fiscal year.

About ADM Energy

(Get Free Report)

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.

Further Reading

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