Empyrean Energy (LON:EME) Stock Price Up 7.7% – Here’s Why

Empyrean Energy Plc (LON:EMEGet Free Report) shares traded up 7.7% on Tuesday . The company traded as high as GBX 0.07 and last traded at GBX 0.07. 9,701,380 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 165,664,750 shares. The stock had previously closed at GBX 0.07.

Empyrean Energy Stock Performance

The stock’s fifty day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.06. The company has a debt-to-equity ratio of -174.21, a quick ratio of 0.01 and a current ratio of 0.09. The company has a market cap of £3.55 million, a price-to-earnings ratio of -0.34 and a beta of 1.58.

Empyrean Energy Company Profile

(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.

Recommended Stories

Receive News & Ratings for Empyrean Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empyrean Energy and related companies with MarketBeat.com's FREE daily email newsletter.