ADM Energy (LON:ADME) Trading 14.3% Higher – What’s Next?

ADM Energy plc (LON:ADME)’s stock price traded up 14.3% during trading on Friday . The stock traded as high as GBX 0.24 ($0.00) and last traded at GBX 0.20 ($0.00). 15,911,184 shares changed hands during mid-day trading, an increase of 2,949% from the average session volume of 521,860 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Stock Performance

The stock has a 50-day moving average of GBX 0.20 and a 200 day moving average of GBX 0.35. The stock has a market cap of £1.26 million, a PE ratio of -0.24 and a beta of 1.01. The company has a quick ratio of 0.16, a current ratio of 0.01 and a debt-to-equity ratio of -23.88.

ADM Energy (LON:ADME) last posted its quarterly earnings results on Tuesday, December 31st. The company reported GBX (0.10) ($0.00) EPS for the quarter. ADM Energy had a negative return on equity of 69.57% and a negative net margin of 320.54%. Equities analysts predict that ADM Energy plc will post -69.9999984 EPS for the current fiscal year.

ADM Energy Company Profile

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.