Adams (LON:ADA – Get Free Report)’s share price dropped 22.2% on Tuesday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3.50 ($0.04). Approximately 25,000 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 220,394 shares. The stock had previously closed at GBX 4.50 ($0.06).
Adams Price Performance
The stock has a market capitalization of £5.11 million, a price-to-earnings ratio of -350.00 and a beta of 1.70. The company’s 50-day simple moving average is GBX 4.23 and its 200-day simple moving average is GBX 4.93.
About Adams
Adams Plc is a venture capital fund specializing in early stage investments. It prefers to invest in the biotechnology sector, life sciences and technology sectors but will also consider investments in other sectors. It focuses its investments in small and medium sized enterprises based in UK and Europe but will also consider other parts of the world.
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