Empyrean Energy (LON:EME) Trading 20.4% Higher – Here’s What Happened

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price rose 20.4% during mid-day trading on Friday . The stock traded as high as GBX 0.12 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 99,001,648 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 144,166,203 shares. The stock had previously closed at GBX 0.10 ($0.00).

Empyrean Energy Trading Up 2.0 %

The company has a market cap of £4.05 million, a price-to-earnings ratio of -0.05 and a beta of 1.58. The business has a fifty day simple moving average of GBX 0.12 and a 200 day simple moving average of GBX 0.16. 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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