Empyrean Energy (LON:EME) Trading Down 6.6%

Shares of Empyrean Energy Plc (LON:EMEGet Free Report) were down 6.6% during trading on Tuesday . The company traded as low as GBX 0.29 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 1,999,247 shares changed hands during trading, a decline of 77% from the average daily volume of 8,594,729 shares. The stock had previously closed at GBX 0.32 ($0.00).

Empyrean Energy Trading Down 2.2 %

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 company has a market capitalization of £4.00 million, a price-to-earnings ratio of -33.00 and a beta of 1.58. The business has a fifty day moving average price of GBX 0.32 and a 200 day moving average price of GBX 0.41.

Empyrean Energy Company Profile

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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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