Empyrean Energy (LON:EME) Hits New 1-Year Low – Time to Sell?

Empyrean Energy Plc (LON:EMEGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.22 ($0.00), with a volume of 4194853 shares trading hands. The stock had previously closed at GBX 0.24 ($0.00).

Empyrean Energy Stock Down 7.9 %

The company has a debt-to-equity ratio of 145.70, a quick ratio of 0.01 and a current ratio of 0.09. The business’s 50 day moving average is GBX 0.28 and its 200-day moving average is GBX 0.33. The stock has a market cap of £2.84 million, a price-to-earnings ratio of -23.90 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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