ADM Energy (LON:ADME) Trading Up 42.3% – What’s Next?

ADM Energy plc (LON:ADME) shares traded up 42.3% on Thursday . The company traded as high as GBX 0.25 ($0.00) and last traded at GBX 0.25 ($0.00). 10,934,801 shares changed hands during mid-day trading, an increase of 1,995% from the average session volume of 521,860 shares. The stock had previously closed at GBX 0.18 ($0.00).

ADM Energy Price Performance

The company has a debt-to-equity ratio of -23.88, a quick ratio of 0.16 and a current ratio of 0.01. The stock’s 50 day moving average price is GBX 0.20 and its 200-day moving average price is GBX 0.35. The company has a market cap of £1.13 million, a PE ratio of -0.21 and a beta of 1.01.

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