ADM Energy (LON:ADME) Shares Down 13.7% – Time to Sell?

ADM Energy plc (LON:ADME) shares traded down 13.7% during mid-day trading on Thursday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.15 ($0.00). 666,184 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 521,860 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Trading Down 13.7 %

The stock has a market cap of £948,074.96, a PE ratio of -0.18 and a beta of 1.01. The firm has a 50-day moving average price of GBX 0.20 and a 200-day moving average price of GBX 0.35. The company has a debt-to-equity ratio of -23.88, a quick ratio of 0.16 and a current ratio of 0.01.

ADM Energy (LON:ADME) last issued its earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) earnings per share (EPS) for the quarter. ADM Energy had a negative return on equity of 69.57% and a negative net margin of 320.54%. As a group, equities analysts anticipate that ADM Energy plc will post -69.9999984 EPS for the current fiscal 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.