ADM Energy (LON:ADME) Hits New 52-Week Low – Time to Sell?

ADM Energy plc (LON:ADME) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00), with a volume of 1001761 shares changing hands. The stock had previously closed at GBX 0.08 ($0.00).

ADM Energy Stock Down 6.7%

The firm’s fifty day simple moving average is GBX 0.11 and its two-hundred day simple moving average is GBX 0.26. The company has a current ratio of 0.01, a quick ratio of 0.16 and a debt-to-equity ratio of -23.88. The company has a market capitalization of £439,504.95, a price-to-earnings ratio of -0.08 and a beta of 1.01.

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.