ADM Energy (LON:ADME) Reaches New 12-Month Low – Time to Sell?

ADM Energy plc (LON:ADME)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 0.02 and last traded at GBX 0.03, with a volume of 1467503 shares traded. The stock had previously closed at GBX 0.03.

ADM Energy Stock Performance

The firm has a market cap of £1.20 million, a price-to-earnings ratio of 2.50 and a beta of 0.50. The company’s 50-day moving average price is GBX 0.02 and its 200-day moving average price is GBX 0.04. The company has a quick ratio of 0.16, a current ratio of 0.01 and a debt-to-equity ratio of -23.88.

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.