Empyrean Energy (LON:EME) Trading Down 7.9%

Empyrean Energy Plc (LON:EME)’s stock price fell 7.9% on Tuesday . The stock traded as low as GBX 0.26 ($0.00) and last traded at GBX 0.29 ($0.00). 13,864,077 shares were traded during mid-day trading, an increase of 69% from the average session volume of 8,224,020 shares. The stock had previously closed at GBX 0.32 ($0.00).

Empyrean Energy Stock Down 1.4 %

The firm has a 50 day simple moving average of GBX 0.36 and a two-hundred day simple moving average of GBX 0.49. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.08 and a quick ratio of 0.01. The stock has a market cap of £3.72 million, a price-to-earnings ratio of -33.00 and a beta of 1.47.

About Empyrean Energy

Empyrean Energy Plc engages in the exploration, development, and production of energy resource projects. It has a 100% working interest in the Block 29/11 project located in the Pearl River Mouth Basin, offshore China; and 8.5% working interest in the Duyung production sharing contract that covers an area of approximately 1,100 kilometer square in the West Natuna Basin, Indonesia.