Empyrean Energy (LON:EME) Stock Price Down 15.7% – What’s Next?

Empyrean Energy Plc (LON:EMEGet Free Report) shares were down 15.7% on Friday . The stock traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.12 ($0.00). Approximately 323,938,250 shares traded hands during trading, an increase of 640% from the average daily volume of 43,795,949 shares. The stock had previously closed at GBX 0.14 ($0.00).

Empyrean Energy Stock Down 25.0 %

The company has a current ratio of 0.09, a quick ratio of 0.01 and a debt-to-equity ratio of 145.70. The stock has a fifty day moving average of GBX 0.10 and a 200-day moving average of GBX 0.22. The firm has a market capitalization of £1.35 million, a price-to-earnings ratio of -10.50 and a beta of 1.58.

About Empyrean Energy

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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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