Empyrean Energy (LON:EME) Shares Down 8.9% – Should You Sell?

Empyrean Energy Plc (LON:EMEGet Free Report)’s stock price traded down 8.9% during trading on Tuesday . The stock traded as low as GBX 0.14 ($0.00) and last traded at GBX 0.15 ($0.00). 235,985,250 shares traded hands during trading, an increase of 43% from the average session volume of 165,313,172 shares. The stock had previously closed at GBX 0.17 ($0.00).

Empyrean Energy Trading Down 4.8 %

The company has a market capitalization of £2.06 million, a price-to-earnings ratio of -16.00 and a beta of 1.58. The company has a debt-to-equity ratio of 145.70, a current ratio of 0.09 and a quick ratio of 0.01. The business’s 50 day simple moving average is GBX 0.10 and its 200 day simple moving average is GBX 0.21.

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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