Shares of Armadale Capital Plc (LON:ACP – Get Free Report) shot up 15.7% during mid-day trading on Thursday . The stock traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.84 ($0.01). 2,273,218 shares traded hands during mid-day trading, an increase of 55% from the average session volume of 1,462,751 shares. The stock had previously closed at GBX 0.73 ($0.01).
Armadale Capital Trading Up 15.7 %
The firm has a market cap of £4.93 million, a price-to-earnings ratio of -17.75 and a beta of 1.02. The company has a debt-to-equity ratio of 11.23, a current ratio of 4.33 and a quick ratio of 41.47. The firm’s fifty day moving average is GBX 0.74 and its 200-day moving average is GBX 0.84.
About Armadale Capital
Armadale Capital Plc, an investment company, focuses on natural resources projects in Africa. It holds 100% interest in the Mahenge Liandu Graphite project located in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013. Armadale Capital Plc was incorporated in 2005 and is headquartered in Esher, the United Kingdom.
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