Empyrean Energy (LON:EME) Stock Price Down 8.1% – Here’s What Happened

Empyrean Energy Plc (LON:EMEGet Free Report)’s share price traded down 8.1% on Friday . The stock traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 297,060,125 shares changed hands during mid-day trading, an increase of 101% from the average session volume of 147,886,781 shares. The stock had previously closed at GBX 0.12 ($0.00).

Empyrean Energy Price Performance

The company’s 50-day simple moving average is GBX 0.12 and its 200-day simple moving average is GBX 0.17. 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 stock has a market capitalization of £4.41 million, a price-to-earnings ratio of -0.05 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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