Advance Energy (LON:ADV) Trading 110.8% Higher

Shares of Advance Energy Plc (LON:ADVGet Rating) rose 110.8% during trading on Monday . The company traded as high as GBX 0.18 ($0.00) and last traded at GBX 0.18 ($0.00). Approximately 412,482,850 shares were traded during mid-day trading, an increase of 1,434% from the average daily volume of 26,896,885 shares. The stock had previously closed at GBX 0.08 ($0.00).

Advance Energy Price Performance

The business’s 50 day moving average price is GBX 0.17 and its 200 day moving average price is GBX 0.14. The stock has a market capitalization of £2.67 million and a P/E ratio of -0.29.

About Advance Energy

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Advance Energy Plc operates as an upstream oil and gas production company in Indonesia and internationally. It holds 50% interest in the Buffalo Oil Field located in East Timor. The company was formerly known as Andalas Energy and Power PLC and changed its name to Advance Energy Plc in February 2020.

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