ADM Energy (LON:ADME) Hits New 52-Week Low – Time to Sell?

Shares of ADM Energy plc (LON:ADME) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.02 and last traded at GBX 0.02, with a volume of 99441555 shares. The stock had previously closed at GBX 0.03.

ADM Energy Stock Down 20.0%

The stock has a market cap of £511,188.00, a price-to-earnings ratio of 2.00 and a beta of 0.10. The company has a quick ratio of 0.16, a current ratio of 0.01 and a debt-to-equity ratio of -23.88. The stock has a fifty day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.04.

ADM Energy (LON:ADME) last issued its earnings results on Monday, February 9th. The company reported GBX 0.01 earnings per share for the quarter. ADM Energy had a negative return on equity of 583.57% and a negative net margin of 320.54%. As a group, analysts predict that ADM Energy plc will post -69.9999984 EPS for the current fiscal year.

About ADM Energy

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. The company was formerly known as MX Oil plc and changed its name to ADM Energy plc in June 2019. ADM Energy plc was incorporated in 2004 and is based in London, the United Kingdom.