Empyrean Energy (LON:EME) Trading Down 21.1% – What’s Next?

Shares of Empyrean Energy Plc (LON:EMEGet Free Report) were down 21.1% on Monday . The stock traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 14,849,603 shares changed hands during trading, a decline of 91% from the average daily volume of 162,790,188 shares. The stock had previously closed at GBX 0.04.

Empyrean Energy Trading Down 21.1%

The business’s 50-day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.06. The firm has a market capitalization of £1.72 million, a price-to-earnings ratio of -0.17 and a beta of 1.58. The company has a quick ratio of 0.01, a current ratio of 0.09 and a debt-to-equity ratio of -174.21.

About Empyrean Energy

(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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