Armadale Capital (LON:ACP) Stock Price Down 10.5% – What’s Next?

Armadale Capital Plc (LON:ACPGet Free Report)’s stock price dropped 10.5% on Friday . The company traded as low as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 140,000 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,446,020 shares. The stock had previously closed at GBX 0.20 ($0.00).

Armadale Capital Price Performance

The stock’s fifty day moving average is GBX 0.29 and its two-hundred day moving average is GBX 0.52. The company has a current ratio of 0.74, a quick ratio of 41.47 and a debt-to-equity ratio of 11.23. The company has a market capitalization of £1.32 million, a PE ratio of -20.00 and a beta of 1.14.

About Armadale Capital

(Get Free Report)

Armadale Capital Plc, an investment company, focuses on natural resources projects in Africa. It holds 100% interest in the Mahenge Liandu Graphite project located in Tanzania. The company was formerly known as Watermark Global Plc and changed its name to Armadale Capital Plc in July 2013. Armadale Capital Plc was incorporated in 2005 and is headquartered in Esher, the United Kingdom.

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