Empyrean Energy (LON:EME) Trading Down 6.5% – Should You Sell?

Shares of Empyrean Energy Plc (LON:EMEGet Free Report) fell 6.5% during mid-day trading on Tuesday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00). 235,027,063 shares changed hands during trading, an increase of 33% from the average session volume of 176,447,516 shares. The stock had previously closed at GBX 0.11 ($0.00).

Empyrean Energy Price Performance

The stock has a 50-day simple moving average of GBX 0.11 and a 200 day simple moving average of GBX 0.12. The company has a quick ratio of 0.01, a current ratio of 0.09 and a debt-to-equity ratio of -174.21. The company has a market cap of £1.38 million, a PE ratio of -0.02 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.

Read More

Receive News & Ratings for Empyrean Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Empyrean Energy and related companies with MarketBeat.com's FREE daily email newsletter.