Empyrean Energy (LON:EME) Hits New 12-Month Low – Time to Sell?

Empyrean Energy Plc (LON:EMEGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.24 ($0.00), with a volume of 28866840 shares traded. The stock had previously closed at GBX 0.25 ($0.00).

Empyrean Energy Stock Performance

The company’s 50-day simple moving average is GBX 0.29 and its 200 day simple moving average is GBX 0.34. The company has a current ratio of 0.09, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70. The stock has a market cap of £2.71 million, a P/E ratio of -20.95 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.

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