ADM Energy (LON:ADME) Shares Down 3.2%

ADM Energy plc (LON:ADME)’s stock price was down 3.2% on Thursday . The company traded as low as GBX 4.55 ($0.06) and last traded at GBX 4.60 ($0.06), approximately 124,256 shares changed hands during trading. The stock had previously closed at GBX 4.75 ($0.06).

The firm has a market cap of $2.74 million and a PE ratio of -9.20. The business has a 50-day moving average price of GBX 5.10.

ADM Energy Company Profile (LON:ADME)

ADM Energy plc operates as an oil and gas investment company. It invests in OML 113, an offshore license that covers an area of 835 sq km in Nigeria. 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.

Further Reading: Return on Equity (ROE)

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