Empyrean Energy (LON:EME) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Empyrean Energy Plc (LON:EMEGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.11 ($0.00) and traded as high as GBX 0.14 ($0.00). Empyrean Energy shares last traded at GBX 0.13 ($0.00), with a volume of 53,540,102 shares trading hands.

Empyrean Energy Stock Performance

The stock has a market capitalization of £5.42 million, a PE ratio of -0.06 and a beta of 1.58. The company has a debt-to-equity ratio of -174.21, a current ratio of 0.09 and a quick ratio of 0.01. The firm has a fifty day moving average price of GBX 0.11 and a two-hundred day moving average price of GBX 0.19.

About Empyrean Energy

(Get Free Report)

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.

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