Empyrean Energy Plc (LON:EME – Get Free Report) dropped 10% on Tuesday . The company traded as low as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 326,482 shares changed hands during trading, a decline of 96% from the average daily volume of 8,550,611 shares. The stock had previously closed at GBX 0.31 ($0.00).
Empyrean Energy Stock Performance
The company has a 50 day simple moving average of GBX 0.33 and a 200-day simple moving average of GBX 0.40. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.08 and a quick ratio of 0.01. The stock has a market cap of £4.40 million, a P/E ratio of -33.00 and a beta of 1.58.
About Empyrean Energy
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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