Armadale Capital (LON:ACP) Trading Down 6.9%

Shares of Armadale Capital Plc (LON:ACPGet Free Report) traded down 6.9% during trading on Wednesday . The company traded as low as GBX 0.67 ($0.01) and last traded at GBX 0.68 ($0.01). 2,813,986 shares changed hands during mid-day trading, an increase of 132% from the average session volume of 1,212,003 shares. The stock had previously closed at GBX 0.73 ($0.01).

Armadale Capital Stock Performance

The stock’s fifty day moving average price is GBX 0.74 and its two-hundred day moving average price is GBX 0.83. The company has a debt-to-equity ratio of 11.23, a quick ratio of 41.47 and a current ratio of 4.33. The company has a market cap of £3.97 million, a P/E ratio of -17.75 and a beta of 1.05.

About Armadale Capital

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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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