Empyrean Energy (LON:EME) Stock Price Down 8.1% – Time to Sell?

Empyrean Energy Plc (LON:EME)’s stock price traded down 8.1% during trading on Friday . The company traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 297,060,125 shares changed hands during trading, an increase of 101% from the average session volume of 147,886,781 shares. The stock had previously closed at GBX 0.12 ($0.00).

Empyrean Energy Trading Down 2.4 %

The company has a debt-to-equity ratio of -174.21, a current ratio of 0.09 and a quick ratio of 0.01. The stock’s 50-day moving average price is GBX 0.12 and its 200 day moving average price is GBX 0.17. The firm has a market capitalization of £4.85 million, a PE ratio of -0.06 and a beta of 1.58.

Empyrean Energy Company Profile

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.